The Aporia
The Aporia
Burford, R. (2026, September 23). Reform-linked think tank calls for abolition of state pension. Evening Standard. https://www.standard.co.uk/news/politics/reform-think-tank-abolition-state-pension-b1298132.html
Burford, Rachael. “Reform-linked think tank calls for abolition of state pension.” Evening Standard, 23 Sept. 2026, https://www.standard.co.uk/news/politics/reform-think-tank-abolition-state-pension-b1298132.html.
Burford, Rachael. “Reform-linked think tank calls for abolition of state pension.” Evening Standard, September 23, 2026. https://www.standard.co.uk/news/politics/reform-think-tank-abolition-state-pension-b1298132.html.
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A thinktank linked to Reform UK, called The Centre for a Better Britain’s (CFABB), has published a "radical" 183-page report advocating for significant changes to the British financial system and tax code. On Wednesday, CFABB proposed abolishing the state pension and implementing £75 billion in tax cuts, primarily benefiting wealthy Britons by eliminating capital gains tax, inheritance tax, stamp duty on property and shares, and reducing corporation tax from 25% to 15% over eight years. The report claims these measures will raise productivity and living standards but acknowledges that public spending would need to be slashed to accommodate the tax changes, though it does not detail specific cuts. Among its proposals is a "lifetime investment account" offering £1,000 to newborns, with contributions up to 15% of earnings later in life, instead of the state pension which would become a means-tested safety net for the poorest.
