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Nigel Farage has ruled out joining the Tory party saying he wants “nothing to do with them”.

Some Conservatives want the Reform UK leader to join their ranks to combat his rising popularity in the polls.

Election latest: Reform candidate disowns party amid racism row – and backs Tories

Mr Farage has previously told Sky News this was “not on my agenda” but did not categorically reject the idea when pressed repeatedly.

Speaking today to Sky News’ political editor Beth Rigby, he said the party he currently leads is “a new political movement” and “I want nothing to do with them [the Conservatives]”.

Asked if that means he is ruling out joining, he said: “If you don’t work out that’s a yes, I don’t know what else I’ve got to say.”

Mr Farage has weaponised the Tory implosion and his primary argument at this election is that the Conservative Party is spent and needs replacing.

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He wants his party to become the official opposition to an expected Labour government and ruled out any sort of electoral pact with the Tories, having agreed to one in 2019 to help Boris Johnson win seats.

Back then Reform UK was known as the Brexit Party – but Mr Farage says the Tories’ failure to cut immigration since leaving the EU has betrayed voters.

“They have no interest in the truth. For them, it’s all a game,” he told Beth Rigby.

“They’re awful, they are ghastly,” he added.

Mr Farage’s language goes further than an interview two weeks ago when he was also asked about joining the Tories.

He is making his eighth bid to become an MP, this time in Clacton in Essex, and while some polls project him to win, the UK’s first past-the-post voting system makes it difficult for Reform to make huge strides in a couple of elections.

Earlier this month Sky News’ deputy political editor Sam Coates asked him if the Tory party would be a better vehicle for his ambitions post-election and if he would rule out joining.

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Will Nigel Farage join the Tories?

Mr Farage said he could not see it happening and called the question “moronic”.

Pressed if that was a categorical rejection, he said he had “no intention” of joining the Tories but did not rule it out.

Read More: Farage sidesteps question about Tory switch

Some Tories want Mr Farage to join the fold to combat the threat of Reform UK, which is to the right of the Conservative Party.

Reform’s popularity in the polls surged after Mr Farage announced he would be taking over as leader and putting himself forward as a candidate in the election.

Former Home Secretary Suella Braverman and former immigration minister Robert Jenrick are in favour of him joining but the issue is divisive – with senior figures like Priti Patel, Kemi Badenoch and James Cleverly being against it.

After enjoying a relatively smooth start to his election campaign, Mr Farage has this week been embroiled in a race row after one of his campaigners was caught on camera using a racial slur to describe the prime minister – and one candidate has now defected to the Tories.

He has also faced a backlash for saying the West and NATO provoked Russia’s war in Ukraine

The other candidates standing in Clacton against Nigel Farage for Reform UK are:

• Matthew Bensilum, Liberal Democrats

• Craig Jamieson, Climate Party

• Tony Mack, Independent

• Natasha Osben, Green Party

• Jovan Owusu-Nepaul, Labour Party

• Tasos Papanastasiou, Heritage Party

• Andrew Pemberton, UKIP

• Giles Watling, Conservative Party

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Crypto treasuries top $100B for Ethereum’s 10th anniversary: Finance Redefined

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Crypto treasuries top 0B for Ethereum’s 10th anniversary: Finance Redefined

Crypto treasuries top 0B for Ethereum’s 10th anniversary: Finance Redefined

Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin.

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Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset

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Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset

Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset

Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it’s a healthy correction.

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Chancellor Rachel Reeves dodges wealth tax calls from predecessor

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Chancellor Rachel Reeves dodges wealth tax calls from predecessor

Chancellor Rachel Reeves has dodged calls from her predecessor Anneliese Dodds for a wealth tax to be considered ahead of this autumn’s budget.

When Sir Keir Starmer became Labour leader in 2020, Ms Dodds was his first pick for shadow chancellor. However, she did not last long and was replaced by Ms Reeves, who then got the government job after last year’s election win.

Speaking to the Sky News political editor Beth Rigby on the Electoral Dysfunction podcast, Ms Dodds said she had examined wealth taxes when she was briefly in the shadow chancellor job and how one could be implemented.

She said: “I would hope the Treasury is considering that kind of evidence, as well as other changes that have been put forward.”

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‘Rachel Reeves would hate what you just said’

Asked today if about Ms Dodds’ intervention, Ms Reeves said: “Decisions around tax are decisions that are made at a budget and we’ll make those decisions in the appropriate way, but the number-one priority of this government is to grow the economy.

“And that means bringing more investment into Britain, creating more good jobs paying decent wages here in Britain.

Listen here to hear Ms Dodds’ full comments:

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“We’ve got to get the balance right on taxation because we want that investment, we want those jobs to come here.

“That’s why we’re reforming the planning system, secured three trade deals in the first year of this Labour government, cutting back on unnecessary regulation, and reforming our pension system to unlock money for businesses to be able to invest here in the UK.”

Read more:
2021: Dodds demoted, Reeves promoted
Dodds resigns from govt over aid cut

What is a wealth tax?

The government’s financial position is stretched ahead of the next budget, due at the end of autumn.

Ms Reeves has committed herself to not changing her fiscal rules, leaving little wiggle room to avoid tax rises or spending cuts.

This is due to the government’s inability to save money through policies like welfare reform, which were gutted due to a rebellion of backbench Labour MPs.

Last week, Business Secretary Jonathan Reynolds branded the suggestion of a wealth tax “daft” – but he has less influence over the writing of the budget than the chancellor.

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Meanwhile, reports from the Daily Telegraph suggested that Deputy Prime Minister Angela Rayner backed increasing taxes, including reinstating the pensions lifetime allowance and a higher corporation tax level for banks.

Ms Dodds also wants to see those considered.

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