{"id":547764,"date":"2025-11-04T05:15:23","date_gmt":"2025-11-04T05:15:23","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/547764\/"},"modified":"2025-11-04T05:15:23","modified_gmt":"2025-11-04T05:15:23","slug":"uk-far-right-leader-says-country-living-under-illusion-as-he-sets-out-economic-vision","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/547764\/","title":{"rendered":"UK far-right leader says country ‘living under illusion’ as he sets out economic vision"},"content":{"rendered":"

LONDON<\/strong><\/p>\n

Reform UK leader Nigel Farage claimed on Monday that Britain has been “living under an illusion” about the state of its economy, accusing successive governments of failing to face up the country’s \u201ceconomic mess.\u201d<\/p>\n

Speaking in the City of London on Monday, far-right leader Farage said another depressing budget was approaching, saying that it would lack the courage to cut public spending.<\/p>\n

\u201cI think for some years we\u2019ve actually been living under an illusion. We\u2019ve not been prepared to face up to just how much of an economic mess we genuinely in,\u201d he said.<\/p>\n

\u201cAs we slipped down the global league tables, we kid ourselves that it\u2019s OK, we\u2019ve got GDP growth. But there wouldn\u2019t have been any GDP growth over the course of the last few years if it wasn\u2019t for mass migration on a scale hitherto never even contemplated.\u201d<\/p>\n

He claimed the opportunity of Brexit had been \u201csquandered,\u201d arguing that the UK’s regulatory environment had become worse than before the 2016 referendum.<\/p>\n

\u201cBrexit has been squandered. The opportunity to sensibly deregulate, the opportunity to become competitive globally \u2013 all of that has been squandered,\u201d he said. \u201cAnd the worst thing is that regulations and the way regulators behave with British business is now worse than it was at the time of the Brexit referendum vote.\u201d<\/p>\n

He said the economy had only appeared to be growing because of immigration and argued that \u201con an individual basis, mass migration has made the average Britain poorer.\u201d<\/p>\n

Farage said wealthy people were leaving the UK, likening it to a \u201cwealth drain\u201d similar to the \u201cbrain drain\u201d of the 1970s.<\/p>\n

\u201cSo let me make it clear. I want as many high-earning people as possible living in this country, paying as much tax as they legally have to. Because if the rich leave and the rich don\u2019t pay tax, then the poorer in society we\u2019ll all have to pay more tax. It\u2019s as simple as that. What we\u2019re doing is crazy and we need those people back,\u201d he said.<\/p>\n

The rightwing leader suggested that minimum wage may be \u201ctoo high\u201d for younger workers, saying: \u201cThere\u2019s an argument the minimum wage is too high for younger workers.\u201d<\/p>\n

He also revealed he was abandoning plans for tax cuts that had been a central part of Reform UK\u2019s previous manifesto and refused to commit to maintaining the pensions triple lock. The triple lock means the rise will either match the rate of inflation, average earnings or 2.5% \u2013 whichever is highest.<\/p>\n


\n
\n Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.<\/b>
\n <\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"LONDON Reform UK leader Nigel Farage claimed on Monday that Britain has been “living under an illusion” about…\n","protected":false},"author":2,"featured_media":547765,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5226],"tags":[5340,802,748,2000,299,5187,1699,4884,384,386,16,15],"class_list":{"0":"post-547764","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brexit","8":"tag-anadolu-ajansi","9":"tag-brexit","10":"tag-britain","11":"tag-eu","12":"tag-europe","13":"tag-european","14":"tag-european-union","15":"tag-great-britain","16":"tag-nigel-farage","17":"tag-reform-uk","18":"tag-uk","19":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115489729734610496","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/547764","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=547764"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/547764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/547765"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=547764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=547764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=547764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}