Nigel Farage has announced plans to deliver a significant speech in the City of London, yet the specifics of his message remain unclear. There are concerns regarding his reversal on a previous commitment to reduce taxes by £90 billion. Additionally, Farage has not provided details on whether he will uphold the pensions triple lock, which is designed to increase pensions in line with inflation, earnings, or at least a minimum percentage. His recent statements suggest an attempt to attract the wealthy, but the implications of this strategy have yet to be fully explored.
In parallel, Labour’s Rachel Reeves is actively preparing for the upcoming autumn budget. It remains to be seen what strategies and proposals will be brought to the forefront, and insights into the internal discussions and decision-making processes leading up to the budget announcement have not been publicly detailed.
Source: https://www.theguardian.com/politics/audio/2025/nov/03/what-does-faragenomics-look-like-podcast