January 27, 2025 - 7:00am

In last year’s general election Reform UK won five seats in the House of Commons. That may have been on the back of over four million votes, surpassing Ukip at their high water mark of 2015, but it still left Nigel Farage’s party trailing behind the Liberal Democrats, who triumphed in 72 constituencies.

So it was a compliment to the progress made by Reform since, when Labour’s Wes Streeting declared on Saturday that “the populist Right is coming for us”. Ed Davey led his party to their best result in the modern era last year, but Labour’s eyes are pinned elsewhere.

While Farage was mentioned multiple times during Streeting’s keynote speech to the Fabian Society, as well as during the subsequent Q&A, Kemi Badenoch — who leads the most successful political party in the Western world over the last two centuries — didn’t get a look in. In fact, the only time Streeting did mention the Conservatives was when he said that even Farage was willing to distance himself from Tommy Robinson in a way Badenoch’s party were not.

Take a step back and this all seems absurd. Keir Starmer’s parliamentary majority is bigger than any enjoyed by Margaret Thatcher. And yet, after less than a year in power, a member of cabinet is taking aim at a party whose parliamentary representatives could fit in a London cab.

However, take a look at voter intention and it’s easy to see why. Opinium published a poll over the weekend which showed Labour leading, by a single point, with Reform in second place. That is particularly significant given Opinium has a habit of giving Labour a larger lead than other pollsters. And yet, even here, they could expect to lose more than 150 MPs.

The polling average for this month has Labour on 26%, and Reform and the Conservatives tied on 24%. It’s worth recalling that as recently as last February — less than a year ago — Labour were almost 20 points higher. If the decline of the Tory vote after the 2019 election was historically unprecedented, it could be outdone by Keir Starmer’s party four years from now. By the next election Reform UK could have more MPs than the Tories. That would herald the biggest breakthrough by a new party at Westminster in a century.

In response to those shifts is Labour’s strategy of “deliverism”. It goes something like this: deliver an improved NHS, safer streets and at least marginally higher growth, and Keir Starmer will enjoy a majority again after 2029. Indeed when I spoke on a panel with three Labour MPs at last September’s party conference they seemed to believe such an approach could even lead to a repeat of 2015 — when the party of government (then David Cameron’s Conservatives) not only retained power, but gained MPs.

But less than six months later, that already seems fantastical. The Democrats just tried their own version of “deliverism” — and the Republicans won the popular vote for the first time in 20 years. To make matters worse, things are even harder for Starmer than Harris, whose predecessor Joe Biden at least oversaw a healthy dose of growth. Because if economic stagnation continues over the next four years, then the means to fund improved public services disappears. That is now joined by something few expected last July: a potential debt crisis.

Unfortunately, the Labour establishment still has no answer to this. The only remedy offered by Streeting was the “redistribution of wealth, power and opportunity”, which sounds commendable until it is compared with his party’s actions. Is Blackstone buying the country’s railway arches going to reduce inequality? And will Larry Fink and co, who Starmer gleefully promoted last year, help “redistribute wealth”? Does saying “no” to high speed rail in the North, while saying “yes” to a third Heathrow runway in the South, help with regional inequality?

Reform is not burdened by the experience of government. It has no record to defend. This means that it can become the anti-system party, which voters are clearly finding appealing. Could, then, Farage be the country’s next PM? Streeting responded by saying that we should “not get too carried away by Nigel Farage”, claiming that Reform’s brand was primarily the result of media attention. Which would be a fair point had Streeting himself not just spent an hour mentioning Farage. Labour is clearly feeling threatened — and rightfully so.


Aaron Bastani is the co-founder of Novara Media, and the author of Fully Automated Luxury Communism. 

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