{"id":536230,"date":"2025-10-29T21:23:26","date_gmt":"2025-10-29T21:23:26","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/536230\/"},"modified":"2025-10-29T21:23:26","modified_gmt":"2025-10-29T21:23:26","slug":"shadow-chancellor-says-reform-uks-fantasy-economics-would-be-ruinous-for-britain","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/536230\/","title":{"rendered":"Shadow Chancellor says Reform UK&#8217;s &#8216;fantasy economics&#8217; would be &#8216;ruinous for Britain&#8217;"},"content":{"rendered":"<p>He warned Nigel Farage&#8217;s policies would be \u201cextremely dangerous and very damaging to our economy.\u201d<img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/0_Conservative-Party-Conference-Day-Two.jpg\" alt=\"Shadow Chancellor Sir Mel Stride\" loading=\"eager\"  \/>Shadow Chancellor Sir Mel Stride has slammed Reform&#8217;s &#8220;fantasy economics&#8221;(Image: Getty Images)<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">Shadow Chancellor Sir Mel Stride has said the Conservatives must \u201cshine the light of truth on Reform and expose the fantasy economics that they peddle.\u201d<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">Speaking this week, he warned Nigel Farage&#8217;s policies would be \u201cextremely dangerous and very damaging to our economy.\u201d<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">He added: \u201cOur role is to shine the light of truth on Reform and expose the fantasy economics that they peddle, the ideas that don&#8217;t add up; that sound great, but don&#8217;t add up.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\"><strong class=\"Strong_strong__e2x35\">Read more: <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.birminghammail.co.uk\/news\/cost-of-living\/keir-starmer-breaks-silence-claims-32770329\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">Keir Starmer breaks silence on claims income tax will be raised at November Budget<\/a><\/strong><\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">\u201cYou could start by saying they deal in fantasy economics [\u2026] You can then work your way into a discussion about why it&#8217;s important that parties don&#8217;t peddle that kind of policy agenda and start to deconstruct in a thoughtful way some of the things that they say.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">\u201cReform might say, we&#8217;re going to take everybody earning up to \u00a320,000 out of Income Tax altogether. Thoughtfully, we should observe that that would cost about up to \u00a380 billion\u2026<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">&#8220;Reform has a duty to explain how it&#8217;s going to fund that. Otherwise, it&#8217;s left peddling fantasy demands that would be extremely dangerous and very damaging to our economy; and that would have real consequences.\u201d<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">He also ruled out any chance of the Conservatives ever working with Reform UK.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">Stride continued: \u201cI don&#8217;t want to have any coalition or arrangement with Reform.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">&#8220;Why would I want to have a coalition, or something about a merger, or whatever it may be, with a party whose economic prescription for our country will be completely ruinous?\u201d<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">He added: \u201cI don&#8217;t think we should be indulging in populist politics in the sense of going out there and promising stuff that we know people want to hear but we don&#8217;t have any proper plans for.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">\u201cWe have to emerge, if we are to win the next election, as the grown-ups in the room that have done the deep thinking to come up with the answers to meet the challenges that we face.\u201d<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">Join our dedicated <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/chat.whatsapp.com\/KkcsJuQPCgoEfgeNnOhehG\" target=\"_blank\" aria-label=\"BirminghamLive WhatsApp communityLink opens in a new tab.\" tabindex=\"0\" rel=\"noopener\">BirminghamLive WhatsApp community<\/a> for the latest updates sent straight to your phone as they happen.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">You can also sign up to our <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/tinyurl.com\/mr4ynp8j\" target=\"_blank\" aria-label=\"Money Saving NewsletterLink opens in a new tab.\" tabindex=\"0\" rel=\"noopener\">Money Saving Newsletter<\/a> which is sent out daily via email with all the updates you need to know on the cost of living, including <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.birminghammail.co.uk\/all-about\/dwp\" target=\"\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">DWP<\/a> and HMRC changes, benefits, payments, banks, bills and shopping discounts.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\" publication=\"birminghammail\">Get the top stories in your inbox to browse through at a time that suits you.<\/p>\n","protected":false},"excerpt":{"rendered":"He warned Nigel Farage&#8217;s policies would be \u201cextremely dangerous and very damaging to our economy.\u201dShadow Chancellor Sir Mel&hellip;\n","protected":false},"author":2,"featured_media":536231,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5018,3,4],"tags":[748,393,4884,1144,386,712,16,15,1764],"class_list":{"0":"post-536230","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-britain","8":"category-uk","9":"category-united-kingdom","10":"tag-britain","11":"tag-england","12":"tag-great-britain","13":"tag-northern-ireland","14":"tag-reform-uk","15":"tag-scotland","16":"tag-uk","17":"tag-united-kingdom","18":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115459562829205384","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/536230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=536230"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/536230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/536231"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=536230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=536230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=536230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}