Nigel Farage is still “assessing” what role he will play in the upcoming general election, the leader of Reform UK has said.
Holding a news conference to kick off the long campaign for the general election expected this year, Reform UK leader Richard Tice revealed he had been talking to Mr Farage over the festive break about what role he would play.
“We’ve been talking over the Christmas period and he’s obviously giving a lot of thought as to the extent of the role he wants to play in helping Reform UK frankly save Britain,” Mr Tice said.
“Nigel is the master of political timing but I’m very clear the job at hand is so big to save Britain, the more help that Nigel is able to give in the election campaign, frankly, the better.”
Mr Farage, who is currently Reform UK’s honorary president, stood down as party leader in 2021, when he was replaced by Mr Tice.
There has been speculation Mr Farage, who founded Reform, could make a political comeback to challenge the Tories over issues including legal and illegal migration.
Mr Tice claimed the Conservatives were “terrified” of the threat his party poses at the ballot box and that they needed a wake-up call because a Labour win – which he branded “Starmergeddon” – would be a “disaster” for Britain economically.
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He insisted his party would not do any “deals” with the Tories and would instead stand in every seat, with the party claiming to have already approved 500 candidates who will be unveiled at a rally next month.
Asked by Sky News how he would feel if Labour won a majority because Reform had split the Conservative vote, Mr Tice said: “I would feel pleased that I’ve helped punish the utter failure of the Conservative Party who have broken Britain.
“They must be punished. They must be ousted. You cannot reward failure with more incumbency.”
Pressed on whether he would contemplate doing a deal with the Conservatives after the election if not before, the Reform leader replied: “Let’s see what happens. I’m focusing on before the election, not after.”
What will a good result look like for Reform UK at the general election?
“Winning it”, said the party’s leader Richard Tice. Of course, it’s not going to happen but others in the room said they would be happy with a handful of seats.
However, if current polling is anything to go by, its main contribution will be to split the Conservative vote. That could pave the way for a Labour majority.
For Reform UK, Labour and the Conservatives are “two sides of the same coin”.
It accuses Mr Sunak of “breaking Britain”, while Sir Keir Starmer will “bankrupt Britain”.
It’s presenting itself as the only meaningful alternative to the status quo and has been buoyed by a bounce in the polls.
Mr Tice said the party’s current polling of about 1 % means the Tories “aren’t laughing anymore” but Labour may well be.
It will not be lost on them that the Labour majorities in the Tamworth and mid-Bedfordshire by-elections were smaller than the number of votes cast for Reform UK. In neither seat was Reform able to sufficiently capitalise on Conservative disenchantment. The winner was Labour.
Mr Tice rubbished the suggestion that his party may be an enabler for Labour.
He said he was “optimistic politically”, but the party has struggled to forge an identity for itself beyond being a meeting ground for disaffected Conservative voters.
For all his bluster about winning the election, the party is thin on policy.
Mr Tice said he wanted to boost economic growth and he presented some vague ideas. Chief among them was a plan to raise the personal allowance to £20,000.
It was an entirely unfunded pledge that may remind some of the Liz Truss era.
If today was about presenting Reform UK as more than just an agitator, it didn’t quite do the job.
Mr Tice accused the Conservatives of failing to bring down immigration in what he called a “betrayal” of Brexit voters.
He said there should be a policy of “one in, one out” and that businesses should “stop relying on the sort of cocaine-like addictive drug of cheap, low skilled immigration”.
Mr Tice said in the news conference that the income tax threshold should to be raised to £20,000, allowing potentially millions to avoid paying tax at all.
The Reform leader told Sky News that he believed his income tax policy would cost around £40bn, depending on how many people were in work.
Image: Mr Tice says he discussed a potential comeback with Mr Farage
The poll average for Reform currently stands at 9%, behind Labour which is sitting on an average of 42.5%, with the Tories on 25.5%.
The Lib Dems, meanwhile, are polling on average 11% of the vote, according to the Sky News live poll tracker, followed by Reform and the Greens on 5.9% and the SNP on 3.1%.
Conservative Party chair Richard Holden said: “A vote for Reform will only strengthen Labour’s hand – that means a vote for Labour’s £28bn a year spending splurge, driving up taxes for hardworking families.
“The Conservative government is focused on long-term decisions for the country – stopping the boats, driving down inflation and cutting taxes. If voters want real action to deliver a brighter future, the Conservatives are the only choice.”
Sir Keir Starmer will join other European leaders in Kyiv on Saturday for talks on the “coalition of the willing”.
The prime minister is attending the event alongside French President Emmanuel Macron, recently-elected German Chancellor Friedrich Merz and Polish Prime Minister Donald Tusk.
It will be the first time the leaders of the four countries will travel to Ukraine at the same time – on board a train to Kyiv – with their meeting hosted by President Volodymyr Zelenskyy.
Image: Sir Keir Starmer, Emmanuel Macron and Friedrich Merz travelling in the saloon car of a special train to Kiev. Pic: Reuters
Military officers from around 30 countries have been involved in drawing up plans for the coalition, which would provide a peacekeeping force in the event of a ceasefire being agreed between Russia and Ukraine.
Ahead of the meeting on Saturday, Sir Keir, Mr Macron, Mr Tusk and Mr Merz released a joint statement voicing support for Ukraine and calling on Russia to agree to a 30-day ceasefire.
Image: Sir Keir and Volodymyr Zelenskyy during a meeting in March. Pic: AP
“We reiterate our backing for President Trump’s calls for a peace deal and call on Russia to stop obstructing efforts to secure an enduring peace,” they said.
“Alongside the US, we call on Russia to agree a full and unconditional 30-day ceasefire to create the space for talks on a just and lasting peace.”
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2:21
Putin’s Victory Day parade explained
The leaders said they were “ready to support peace talks as soon as possible”.
But they warned that they would continue to “ratchet up pressure on Russia’s war machine” until Moscow agrees to a lasting ceasefire.
“We are clear the bloodshed must end, Russia must stop its illegal invasion, and Ukraine must be able to prosper as a safe, secure and sovereign nation within its internationally recognised borders for generations to come,” their statement added.
“We will continue to increase our support for Ukraine.”
The European leaders are set to visit the Maidan, a central square in Ukraine’s capital where flags represent those who died in the war.
They are also expected to host a virtual meeting for other leaders in the “coalition of the willing” to update them on progress towards a peacekeeping force.
This force “would help regenerate Ukraine’s armed forces after any peace deal and strengthen confidence in any future peace”, according to Number 10.
If you want a very visual representation of the challenges of transatlantic diplomacy in 2025, look no further than Oslo City Hall.
Its marbled mural-clad walls played home to a European military summit on Friday.
In December – as it does every year – it will host the Nobel Peace Prize ceremony. It’s an award Donald Trump has said he deserves to win.
But while the leaders gathering in the Norwegian capital may not say it publicly, they all have a very different perspective to the US president on how to win the peace – particularly when it comes to Ukraine.
Image: Sir Keir Starmer at a summit in Oslo. Pic: PA
So far, Sir Keir Starmer has managed to paper over these foreign policy gaps between the US and Europe with warm words and niceties.
But squaring the two sides off on trade may be more difficult.
The US-UK deal announced on Thursday contained no obvious red flags that could scupper deeper trade links with the EU.
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PM defends UK-US trade deal
However, that’s in part because it was more a reaction and remedy to Mr Trump’s tariff regime than a proactive attempt to meld the two countries together.
Laced with party-political venom, yes, but the Tory leader Kemi Badenoch is getting at something when she says this agreement is “not even a trade deal, it’s a tariff deal and we are in a worse position now than we were six weeks ago”.
There may be more to come though.
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2:45
How good is the UK-US deal?
The government will talk up the possible benefits, but there are risks too.
Take the Digital Services Tax – much hated by the Trump White House as an unfair levy on US tech firms.
Despite the apparent pitch-rolling from the government, that was left untouched this week.
But asked to rule out changes in the future, the prime minister was non-committal, simply saying the current deal “doesn’t cover that”.
For trade expert David Henig, the potential flashpoints in the transatlantic Venn diagram Downing Street is trying to draw around food standards, digital regulation and services.
“It is a tricky balancing act, at this stage it looks like the UK will go more with the EU on goods regulations, but perhaps a little bit more with the US on services regulations,” he said.
For veterans of the post-2016 Brexit battles, this may all sound like Labour embracing the Boris Johnson-era mantra of “cakeism” – or trying to have it both ways.
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A group of Democratic senators has reportedly sent a letter to leadership at the US Department of Justice and the Treasury Department expressing concerns about US President Donald Trump’s ties to cryptocurrency exchange Binance and potential conflicts of interest in regulating the industry.
According to a May 9 Bloomberg report, Democratic senators asked Attorney General Pam Bondi and Treasury Secretary Scott Bessent to report on the steps Binance had taken as part of its November 2023 plea agreement with US authorities, amid reports that Trump and his family had deepened connections with the exchange.
That settlement saw Binance pay more than $4 billion as part of a deal with the Justice Department, Treasury, and Commodity Futures Trading Commission, and had then-CEO Changpeng “CZ” Zhao step down.
However, since Trump won the presidency in 2024, many lawmakers have accused the president of corruption from profiting off crypto while being in a position to influence laws and regulations over the industry.
Trump has launched his own memecoin — which earns the project millions of dollars in transaction fees — and offered the top tokenholders the opportunity to attend an exclusive dinner in Washington, DC. His family-backed crypto venture World Liberty Financial also recently announced that an Abu Dhabi-based investment firm, MGX, would settle a $2 billion investment in Binance using the platform’s USD1 stablecoin.
“Our concerns about Binance’s compliance obligations are even more pressing given recent reports that the company is using the Trump family’s stablecoin to partner with foreign investment companies,” the senators said in the letter, according to Bloomberg.
The letter came less than 24 hours after some of the same senators blocked a crucial vote on a bill to regulate stablecoins, named the GENIUS Act. Senator Elizabeth Warren, who reportedly signed the letter and opposed moving forward on the stablecoin bill, suggested the Senate should not be aligned with “facilitat[ing] this kind of corruption” from Trump.
Bessent said the Senate “missed an opportunity” by not passing the stablecoin bill, but did not directly address any of the concerns over Trump’s crypto interests. It’s unclear if or when the chamber could consider another vote on the bill.
In an April 23 report, the nonpartisan organization State Democracy Defenders Action said roughly 40% of Trump’s net worth was tied to crypto. The group noted that the GENIUS Act, in its current version, “would not prevent President Trump from using his executive powers to establish a regulatory environment and enforcement agenda that prioritizes his personal enrichment over the broader interests of US stakeholders.”
Amid the concerns with the stablecoin and proposed market structure bills, Zhao reportedly applied for a federal pardon from Trump. Though the former CEO already served four months in prison, a pardon for his felony charge could allow him to get more involved with the crypto industry through a management position.