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Home » Politics » Watch: Farage’s ‘sweetheart deal’ for the super-rich slammed in brutal PMQs takedown

Watch: Farage’s ‘sweetheart deal’ for the super-rich slammed in brutal PMQs takedown

"Does the Deputy Prime Minister agree with his priority or with me, that Reform UK doing sweetheart deals with the super-rich is a betrayal of British working people?”

Joe Connor by Joe Connor
June 26, 2025
in News, Politics
Labour's Kanishka Narayan and Angela Rayner.

Labour's Kanishka Narayan and Angela Rayner.

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Nigel Farage’s latest tax plan for the mega-rich didn’t go down well in Parliament today – and Labour wasted no time tearing it to shreds.

Kanishka Narayan, Labour MP for Vale of Glamorgan, used Prime Minister’s Questions to torch Farage’s proposal to let non-doms dodge UK tax by paying a one-off £250,000 every ten years.

💸 Farage’s plan: Robin Hood or reverse Robin Hood?

Under Reform UK’s policy, ultra-wealthy residents with foreign income wouldn’t pay UK tax on that wealth – as long as they fork over a quarter of a million pounds once a decade. In theory, the money would be funnelled straight to low-paid workers in annual cash payments.

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Farage claims it’s a “Robin Hood” scheme. Labour sees it a little differently.

Narayan told the Commons:

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“The Member for Clacton put a singular burning injustice first – the plight of overseas billionaires paying too much tax. Does the Deputy Prime Minister agree with his priority or with me, that Reform UK doing sweetheart deals with the super-rich is a betrayal of British working people?”

🎯 Rayner rips into Reform’s priorities

Deputy Prime Minister Angela Rayner, standing in for Keir Starmer, didn’t hold back:

“The honourable member for Clacton demands billions more in unfunded tax cuts for the very richest, while he marches through the lobby to vote against sick pay for the lowest earners.”

She added:

“We know who pays for Reform’s tax breaks for overseas billionaires – tax hikes on working people and patients being charged to see their doctor. Labour won’t let that happen.”

The mask has slipped again… pic.twitter.com/JCGUvF1Izr

— Kanishka Narayan MP (@KanishkaNarayan) June 25, 2025

🧾 Farage’s maths doesn’t add up

Despite branding the plan a cash boost for the low-paid, experts aren’t convinced. Independent think tank Tax Policy Associates estimates Farage’s policy could cost £34 billion over five years.

And with no proper funding plan, it’s looking like another Reform promise that doesn’t quite add up.

You may also like: Reform council leader quits after weeks in charge – and leaves a teenager running the show

Tags: Nigel FarageReform UK
Joe Connor

Joe Connor

Former editor at The London Economic.

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