Nigel Farage’s “fantasy” economics will lead to a Liz Truss-style economic meltdown, Sir Keir Starmer has warned, after the Reform UK leader set out his party’s proposed policies.
The prime minister is expected to urge the public to reject Reform UK’s calls to use “family finances” as a gambling chip on “unfunded” tax cuts.
This comes after the Institute for Fiscal Studies (IFS) said the party’s pledge to increase the income tax personal allowance to £20,000 a year could cost between £50 to £80 billion a year.
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