Reform UK will restore the two-child advantages cap if it wins the subsequent election, Robert Jenrick has confirmed in a speech through which he branded the Britain’s advantages system an “financial and ethical catastrophe”.
In his first formal remarks because the get together’s Treasury spokesman, the previous Tory shadow justice secretary confirmed Reform now not supported the federal government’s determination to abolish the ceiling, promising that Reform will “defuse the advantages bomb set to bankrupt Britain”.
The get together had beforehand referred to as for the cap – which prevents dad and mom from claiming youngster advantages on greater than two youngsters – to be abolished earlier than Rachel Reeves introduced the transfer eventually 12 months’s Autumn Finances.
However confirming the U-turn, Jenrick stated the UK’s “advantages system is damaged”, including: “Right this moment, Reform is altering our coverage on the two-child cap for Common Credit score.
“We need to assist working households have extra youngsters. However proper now, we simply can’t afford to take action with welfare. So it has to go.
“And, as Reform’s shadow chancellor, I’m ending it. A Reform authorities will restore the cap in full.”
Nigel Farage unveils high staff
Jenrick made the remarks only a day after being confirmed as Reform UK’s Treasury spokesman on the launch of the get together’s ‘shadow cupboard’.
Deputy chief Richard Tice was additionally unveiled as enterprise and vitality spokesman on the occasion, the place he branded the transition away from fossil fuels “web silly zero”. And coverage chief Zia Yusuf will spearhead the get together’s totemic small boats marketing campaign, after being handed the house affairs transient.
Talking at yesterday’s unveiling Jenrick vowed to “oppose the wrecking ball that’s Rachel Reeves” and promsied to assemble a “constructive plan” to repair the UK economic system.
In a wide-ranging speech within the Metropolis, the previous Conservative management hopeful additionally stated the Reform would preserve the independence of each the Workplace for Finances Duty (OBR) and the Financial institution of England.
“Underneath Reform, the Financial institution of England will stay unbiased,” he stated.
“Our curiosity will at all times be holding inflation low as a result of that’s how we are going to hold folks’s payments down. So we are going to strip the Financial institution of distractions which have been loaded onto it. That features the requirement for the Financial institution to assist the transition to Web Zero.”
Final month, Reform UK chief Farage admitted to giving “critical thought” to abolishing the fiscal watchdog, saying it was “dictating to elected politicians” and left ministers “beholden to it, quite than doing their very own pondering”.
However confirming his get together would preserve – however “reform” – the Treasury quango, Jenrick stated: “The OBR is way from good. However the impetus for its creation was a want to instill fiscal self-discipline, and that’s one thing we wholeheartedly endorse. “
