Overview
- Deputy leader Richard Tice said the state pension triple lock is unsustainable and confirmed the party will not guarantee it.
- Reform UK pledged to end gold‑plated defined benefit pensions for civil servants and to shift new public‑sector hires onto different schemes.
- Tice cited unfunded public‑sector pension liabilities of roughly £2–£2.5 trillion, increasing by £30–£50 billion a year, as a key fiscal risk.
- The party outlined a 'Big Reform' plan to slash regulation, including cutting the FCA rulebook from about 30,000 pages to a 500‑page code and setting up working groups to propose changes.
- Tice questioned the remit and makeup of key economic bodies such as the Bank of England’s MPC, the PRA, the FCA and potentially the OBR and DMO, framing institutional reform as central to restoring growth.