Nigel Farage has revealed a leading UK business owner is looking to move jobs out of the UK due to the government’s budget.

Speaking on GB News, Nigel Farage said: “Looking at 30-year rates the other day, and they were inexorably going up, I haven’t heard the BBC screaming about this.

“It’s very easy to criticise whoever’s Chancellor. This has been going on for a long time, centuries.

“But the one thing that strikes me is they’re not showing us a path out of it. And honestly, I don’t think I can remember a time when business confidence was lower.

“I met the boss today of a massive company in this country employing tens of thousands of people, and his answer to what’s coming in in April is offshoring jobs.

“Somehow they’ve got to bring some confidence back.

“I look at them and this is a miserabilist government. Everything’s negative, very negatively.

“We’ve got the [Trump] inauguration next Monday. We’ve got a new US Treasury Secretary, Scott Besson, going in. His aim is to cut the size of the public sector and allow the private sector to increase. I think we’re doing the opposite here.

“Today’s electricity costs were through the roof. At lunchtime today 52% of our power generation was gas that we import if course, at quite expensive prices.

“A chap I met today who employs tens of thousands of people in this country said this to me. He said, in 1990 our electricity costs, our energy costs, were exactly the same as America’s. Yes, they are now four times, America’s. It’s a disaster.”

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