Prime Minister Sir Keir Starmer criticized Nigel Farage's economic policies as 'fantasy,' warning they mirror the disastrous strategies of former PM Liz Truss. Starmer particularly highlighted far-reaching tax cuts proposed by Reform UK that lack funding, predicting they could lead to increased mortgage costs. Farage's policies, including notable tax adjustments, have raised eyebrows among economists regarding their feasibility. Starmer's speech marks a significant political shift, identifying Farage as his main opponent following recent gains by Reform UK in local elections, emphasizing the threat of economic turmoil if these policies are pursued.
In opposition we said Liz Truss would crash the economy and leave you to pick up the bill. We were right. And we were elected to fix that mess.
Farage is making the exact same bet Liz Truss did. That you can spend tens of billions on tax cuts without a proper way of paying for it.
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