Skip to content
Wednesday 19 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,743.35
+0.14%
DAX
26,091.33
-0.14%
CAC 40
8,501.91
-0.09%
STOXX 50
6,444.46
-0.37%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 02 June 2014 12:37 am  |  Updated:  Wednesday 29 May 2019 9:40 pm

Farage promises top rate tax cut as he lays out Ukip’s election plan

By: Express KCS

Add as a preferred source on Google

UKIP LEADER Nigel Farage yesterday promised to slash the top rate of tax to 40p, putting tax cuts and a vow to tackle the cost of living at the heart of his party’s plans ahead of the general election next May.

Speaking to the BBC’s Andrew Marr, Farage said he would cut the top rate of tax to 40p from 45p and bring back grammar schools to help gifted poorer children. He added that he would like to see those on the minimum wage lifted out of income tax altogether and will “throw the kitchen sink” at a number of constituencies to win seats in Westminster.

“We’ve got to incentivise people to get off benefits and to get back to work,” Farage said, adding: “What we want to do is genuinely address the cost of living.”

The tone of Farage’s message belies his plan to aim for core Labour voters, concerned about inequality. The Conservatives will also be worried as Ukip’s policies on immigration and grammar schools will appeal to Tory voters.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Nigel Farage
  • People

Trending Articles

  • Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • US bond market jitters spark UK economy recession warning

  • Amanda Blanc has worked her magic at Aviva

  • City law firm sues prominent Emirati business family

More from Morning Wire

  • Exclusive: Government to reject Reform’s offer to cover Farage by-election cost

    Politics
    Nigel Farage speaking at a podium, dressed in a suit, addressing an audience at a business conference event
  • Farage quits to stand in ‘people versus establishment’ by-election

    Politics
    George Cottrell and Nigel Farage engaging in a conversation at a political event, both dressed in formal attire.
  • Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan

    Politics
    Rupert Lowe, former Southampton FC chairman, smiles while holding files on a city street, wearing a suit and pink tie
  • Nigel Farage asks the crudest question: are you with me or against me?

    Opinion
    Nigel Farage speaking at a podium during a press conference, addressing current political issues and public concerns
  • ‘If you find yourself stuck in politics, the thing to do is start a fight’

    Politics
    Nigel Farage is furious
  • Nigel Farage wins in Clacton – and triggers investigation

    Politics
    Nigel Farage, in a striped jacket and sunglasses, speaks outside a polling station.
  • Reform’s Richard Tice under parliamentary investigation

    Politics
    Reform UK leader Nigel Farage and Deputy Leader Richard Tice are set to meet with Andrew Bailey to discuss interest rates and stablecoins.
  • Has Nigel Farage peaked too soon?

    Opinion
    Nigel Farage delivering a speech in July 2026, wearing a suit, addressing an audience at a political event.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook