Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • 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

  • Exclusive: Big Four giant KPMG to cut more jobs

  • Music tycoon Simon Cowell sued by prominent City lawyer

  • Tesco ‘in talks’ to exit eastern Europe

  • The former African gold miner taking on the billionaire Issa brothers

  • Easyjet agrees to £5.7bn Apollo takeover

More from City PM

  • Reform UK vows to raise VAT threshold to £150,000

    Politics
    Nigel Farage, leader of Reform UK
  • 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.
  • Nigel Farage calls for General Election after Starmer replacement

    Politics
    Nigel Farage’s party won a barnstorming victory in previously-Tory Kent in May’s local elections, alongside nine other county councils, in part over promises to slash spending. (Photo by Lia Toby/Getty Images)
  • 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
  • Investors in Farage-backed Bitcoin venture get burnt after stock slides 

    Crypto
    Nigel Farage
  • Starmer: X is responsible for fake Farage and Bailey fight images 

    Politics
    Nigel Farage and Suella Braverman in discussion at a political event wearing formal attire, highlighting political collabo...

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook