What will Farage-onomics look like?

It might be 30 per cent. It might be 35 per cent. It could even be 40 per cent or higher. Until the results of the European elections come in late on Sunday night, we won’t know what percentage of the vote Nigel Farage’s new Brexit party will get. But we do know that it will be the clear winner, and that it will have established itself as a major new force in British politics. So far, the party has deliberately said very little about its policies, although most of us are getting the vibe it might be in favour of leaving the European Union. Once the dust settles on Monday morning, however, that will have to change. It will be in the driving seat. It will be time for some Farage-onomics.

So what would that look like? We know that Nigel Farage is an instinctive free market, pro-business, anti-EU Thatcherite with his roots in the trading rooms of the City of London.