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What Ukip would do to Britain's economy, in Ukip's own words

What Ukip would do to Britain's economy, in Ukip's own words

Anxious to refocus attention upon its policies rather than self-destructing candidates, Ukip has unveiled its economic plan for the country.

Economic spokesman and former Daily Express journalist Patrick O'Flynn said a ban on unskilled migration and a new points system for immigrants would protect "working-class jobs".

Here're Ukip's cost-cutting proposals:

  • Leave the EU, saving up to £10bn annually;
  • Increase the personal tax allowance to at least £13,000, and higher when finances allow;
  • Introduce a 35p “lower intermediate tax” so nobody pays 40 per cent until they earn £55,000;
  • Scrap inheritance tax;
  • Raise defence spending by at least £3bn a year;
  • Restrict child benefit for future claims to the first two children;
  • Slash foreign-aid spending to £2bn a year;
  • Reduce UK taxpayer funding per head in Scotland to England’s level, saving “several billion”;
  • Abandon the HS2 “vanity project”.

More: [Britain First is endorsing Ukip again]2

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