Richard Tice

Spear’s Review

Having unveiled a teal-coloured football shirt earlier this year with the name ‘Farage’ emblazoned above the number 10 for sup­porters to buy (a snip at £39.99!), it can’t be long before Reform UK offers another: with ‘Tice’ splashed above the number 11. That’s because smooth-talking multimillionaire property developer Richard Tice (he’s a scion of the Bernard Sunley and Sons proper­ty family from Northamptonshire) is a shoo-in to become chancellor if the party’s current polling lead metastasises into voting success at the next general election.

The 61-year-old Reform deputy leader and major donor was a Tory before his Euroscepticism took him to the side of Brexit – through bodies such as Business for Sterling, Leave.EU (which he co-found­ed with Arron Banks) and then Leave Means Leave. He was elected as MP for Boston and Skegness in 2024 and now splits his time between Lincolnshire, Westminster and Dubai, where his partner, journal­ist Isabel Oakeshott, lives.

In its 2024 manifesto, Reform promised to raise income tax thresholds to £20,000 (basic rate) and £70,000 (higher rate), and to cut corporate taxes, raise inheritance tax thresholds, slash stamp duty and loosen planning restrictions for house-builders – among a swathe of ‘pro-business’ initiatives, many of which are doubtless very close to Tice’s heart.

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