The BNP has promised a hugely expensive program. They plan to abolish student loans; halve council tax; abolish income tax; boost NHS staff by 100,000; reopen grammar schools; build new high speed railways; abolish BBC license fee; abolish car tax…
Over the last few years, the BNP have launched a massive shopping list of promises. They’ll build new schools, hire more doctors (and pay them better too), revolutionise our transport infrastructure, create a new English parliament, secure our borders, invent new energy sources and up the spending on drug rehabilitation a thousand times. Taxes would go plummeting down: no more income tax, council tax halved, the licence fee and car tax scrapped.
In a world where Britain has a £125 bn structural deficit, how is this all to be paid for?
In the BNP’s world, there are no hard choices. No prioritisation. Everything can be paid for by ending foreign aid or removing immigrants. The looming fiscal crisis of little important.
The BNP haven’t had to worry how to afford this, as they haven’t bothered to add up the cost.
Luckily, we’ve done it for them[1]:
- One off spending commitments. To start with, the BNP plans to build a high speed railway and bring back grammar schools will cost together at least £50 bn. Those costs are likely to be dwarfed however by their commitment, to buy back utilities and foreign companies in Britain. This figure is likely to run into the hundreds of billions.
- Annual spending increases. The BNP has proposed at last another £30 bn of spending increases every year. The vast majority of that will go on the BNP’s anti immigration agenda, increasing the spending on border controls and creating a massive system of resettlement grants.
- Tax cuts. The BNP’s twin tax breaks for the rich, raising the income and inheritance tax thresholds, will cost £28 bn. On top of this, the BNP has promised a further £25 bn of populist tax cuts – halving council tax, abolishing the BBC licence fee and car tax discs and getting rid of tuition fees.
- Spending cuts. The BNP has proposed no new policies to close the deficit in the wake of the financial crisis. Instead they insist their old policies, mostly concentrated on stopping foreign aid, leaving the EU and ending the war in Afghanistan will be enough. We work out their savings at about £37 bn.
- Tax raises. So how do the BNP plan to regain revenue? By increasing taxes on the poor – around £100 bn’s worth, the lion’s share being taken up by an £80 bn tariff.
- The loss of Britain’s world leading industries. As we’ve previously discussed, the BNP’s plans to shut down our borders, make Britain’s minorities second class citizens and increase regulation and tariffs would send British industries fleeing from our economy. The results would be devastating to our economy: a massive drop in tax revenue, and increase in the welfare bill as more people signed onto the dole. Losing the financial services industry alone would cost £34 bn.
It’s not so much that there’s a black hole in the BNP’s spending plans, as massive uncertainty. Even if we ignored their one off spending commitments and the loss of British companies, their policies would only make up for half the deficit. That they raise that much is only possible due to their massive £80 bn tariff that would hit ordinary families hardest – but the real amount raised could easily be far, far less.
With no attempt to cost their policies, the BNP has no credibility on the economy and with no credibility on the economy, they have no credibility on any other policy either.
[1] While due to the BNP’s own lack of precision in their policy these should be considered back of the envelope figures, there’ll be full details of our costing in our forthcoming report Britain Under the BNP


