Richard Tice, chairman of Reform UK, delivered a stirring speech in London today, unveiling his party’s ambitious economic policy aimed at revitalising the British economy by easing the tax burden on individuals and businesses.

Addressing a packed audience, Tice emphasised the urgent need to get more people into work to alleviate the strain on the exchequer. He painted a grim picture of the current tax landscape, declaring, “People in the UK are literally suffocating because of tax.” Tice proposed a significant increase in the income tax threshold to £20,000, a move he acknowledged would come with a hefty price tag of £40 billion.

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