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Jim Ratcliffe to Meet Nigel Farage Before Christmas, Rules Out Funding Reform UK

Ratcliffe reiterates political neutrality with no funding for Reform UK.

Overview

  • The Ineos founder and Manchester United co-owner disclosed on The Business podcast that Farage requested the meeting.
  • Reporters characterize the planned encounter as part of Reform UK’s effort to court business leaders.
  • Ratcliffe slammed UK clean‑energy targets, calling a 2030 fossil‑fuel‑free power system and a 2050 net‑zero goal "absurd."
  • He warned of one million direct jobs at risk in Europe’s chemicals sector and cited fresh Ineos cuts, including 60 layoffs at Hull and two closures in Germany with 175 jobs.
  • He noted a separate meeting with Conservative leader Kemi Badenoch and described the UK as "high tax, high immigration, high crime," while calling Keir Starmer "a reasonable bloke."