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The Independent UK

Kate Devlin

Reform’s pension plan could backfire and lead to higher council tax bills, experts warn

Council Reform Richard Tice Nigel Farage Steve Webb Britain United Kingdom

Reform’s flagship plans to force multibillion pound local government pension funds to invest in the UK risks backfiring and pushing up council tax bills, experts have warned.

Nigel Farage’s party wants to merge the schemes to create a single British Sovereign Wealth Fund of up to £575bn.

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