Reform UK-linked think tank urges scrapping the state pension
The Centre for a Better Britain proposes axing the state pension and £75bn in tax cuts in a report meant to shape Reform UK's platform.
What to know
- CFABB's 'Boosting Britain' report proposes replacing the state pension with individual 'lifetime investment accounts' funded by a £1,000 birth grant and up to 15% of earnings, keeping only a means-tested safety net.
- The report calls for £75bn in tax cuts, including abolishing inheritance tax, capital gains tax, stamp duty, digital services tax and air passenger duty, and cutting corporation tax from 25% to 15% over eight years.
- CFABB, founded by former Reform UK chief operations officer Jonathan Brown and based near the party's headquarters, says the plan is not yet reviewed by Reform UK but is likely to shape its election platform.
- The proposal lands weeks before PM Andy Burnham's first budget and has drawn early criticism as politically risky given pensioners' reliance on the state pension.
“a programme of radical reform to Britain’s financial system and tax code, designed ultimately to raise productivity and living standards through better-paid jobs, higher retirement incomes, higher business investment, more businesses starting and scaling, and less time and money spent on unproductive activity”
CFABB report, Think tank report · The Guardian ↗ · Sep 22
Jonathan Brown Founder and leader of the Centre for a Better Britain
Nigel Farage Leader of Reform UK
Andy Burnham Prime MinisterCentre for a Better Britain (CFABB) Think tank linked to Reform UK
How it unfolded 3 developments, newest first · click a bar or a number to jump articlesposts
-
3
Commentator calls the pension proposal 'electoral suicide'
A social media reaction describes the plan to phase out the state pension as politically self-destructive, arguing it would sacrifice the livelihoods of pensioners who rely on it for tax cuts benefiting the wealthy.
“A Reform UK-linked thinktank calling to phase out the state pension is an electoral suicide note.”
— Fife4Europe -
F
A Reform UK-linked thinktank calling to phase out the state pension is an electoral suicide note. Millions of grey voters rely on the safety net, yet this plan sacrifices their livelihoods for £75bn in tax cuts for the wealthy. Why alienate your core voters? (1/2) 🤔 # FBPE https://www. theguardian.com/politics/2026/…
-
-
2
CFABB report proposes abolishing state pension, £75bn tax cuts
The Guardian details the Centre for a Better Britain's 183-page 'Boosting Britain' report, which calls for scrapping the state pension in favour of Trump-style lifetime investment accounts, plus £75bn of tax cuts including ending inheritance tax, capital gains tax, stamp duty and cutting corporation tax from 25% to 15%.
“The issue with the state pension is that it’s essentially a Ponzi scheme…”
— Jonathan Brown -
E
https://www. europesays.com/3267533/ Thinktank linked to Reform UK calls for abolition of state pension | Reform UK # GreatBritain # UnitedKingdom
-
-
1
Bloomberg reports think tank urging pension cutback
Bloomberg reports that a think tank linked to Nigel Farage's Reform UK has suggested the party reduce the state pension to a means-tested safety net if it comes to power.
-
first by The Guardian, 1d ago · also Guardian
-
first by Bloomberg Markets, 1d ago
-