In a landmark speech that sets out his most comprehensive economic vision to date, Nigel Farage has declared war on business regulation, promising a radical overhaul that would fundamentally reshape Britain's commercial landscape.
The Reform UK leader unveiled his "pro-business revolution" with sweeping proposals designed to unleash what he calls Britain's "entrepreneurial spirit" that has been stifled by bureaucracy.
The Bonfire of Regulations
Farage's centrepiece policy involves creating an unprecedented "one in, two out" rule for new regulations. For every fresh regulation introduced, two existing ones would be abolished - a measure he claims would dramatically reduce the burden on British businesses.
"We are going to have the biggest supply-side revolution in the history of this country," Farage declared to his audience, positioning himself as the true champion of enterprise.
Tax Cuts and Investment Incentives
The economic blueprint includes significant tax reductions, notably slashing corporation tax from 25% to 15%. But the reforms go further, proposing to exempt all business investment from tax entirely.
This radical approach aims to stimulate immediate capital investment while making Britain one of the most competitive business environments in the developed world.
Taking Aim at EU Legacy
Farage didn't shy away from his Brexit roots, promising to complete what he started by tearing up remaining EU regulations. His targets include fundamental rewrites of employment laws and environmental standards inherited from Brussels.
The plan specifically mentions scrapping EU-derived rules on working time and environmental protections, arguing they place an unfair burden on British companies competing globally.
Political Positioning
This speech represents Farage's boldest attempt to position Reform UK as the authentic party of business, directly challenging both Conservative and Labour economic credentials.
With detailed policies and ambitious targets, Farage is making a serious play for the small business vote that has traditionally been the Conservatives' heartland.
Industry Reaction
While some business leaders welcome the focus on reducing bureaucracy, concerns have been raised about the potential impact on workers' rights and environmental standards.
The proposals set the stage for a fierce debate about the balance between business freedom and necessary protections as Britain charts its economic future outside the EU.
