Matt
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We have repeatedly warned that excessive taxation has consequences: more people leaving the UK, further denting overall economic growth and living standards. We’ll have more to say on that and much more when we publish our Growth Budget 2025 on Thursday. (Story below from @SkyNews)


Nigel Farage and Zia Yusuf will tomorrow say that foreign nationals must 'bear the brunt' of filling the black hole in Britain's finances as they announce £25bn worth of cuts * Nigel Farage and Zia Yusuf will announce plans to strip EU nationals of benefits, more than double the cost of the NHS surcharge and cut foreign aid spending by more than 70% * They will say this would avoid the need for tax rises in the Budget. Yusuf says Labour can either 'raise taxes on British citizens' or 'ask foreign nationals to bear the brunt' * Farage will give EU citizens who are claiming universal credit in the UK three months' notice before ending their benefit payments. If the EU refuses to accept the terms Reform will take unilateral action regardless of the threat of 'trade retaliation" * Reform UK will also pledge to increase the NHS surcharge for foreigners in Britain from £1,035 to £2,718 a year, raising £5billion a year. Farage argues that the increased charge would be fair because it would reflect the cost per person of the total NHS budget for England * Yusuf said that £2,718 represented "great value", particularly because foreign nationals are more likely to have children than British nationals increasing the pressure on the NHS. "It's a matter of principle," he said. "Why should a foreign national get a 65 per cent discounts. It's great value, somebody can pay more and get vastly more out of the NHS." * Reform would also seek to cap the foreign aid Budget, which will be £13.6billion in 2025/26, to just £1billion a year * Yusuf said: "There are plenty of examples of egregiously wasteful spending. Until the finances are on a sound footing it is unpalatable and immoral to keep foreign aid spending at these legals." Other savings would be made by cutting disability benefits and deporting foreign criminals thetimes.com/uk/politics/ar…









