Farmers hit back over Chancellor's inheritance tax charge
Video Credit: ODN - Duration: 01:03s - Published
Farmers hit back over Chancellor's inheritance tax charge
The chancellor appears to have a fight on her hands with Britain's family farmers.
In her Budget, Rachel Reeves closed a loophole to stop rich people investing in land to reduce their inheritance tax bills, penalising them with a new million pound tax threshold.
But farmers in Cirencester have labelled the move "demoralising" and the deputy president of NFU Cymru Abi Reader warns it will lead to "economic stagnation".
Report by Brooksl.
Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has said he is "absolutely" still confident in Chancellor Rachel Reeves after her financial plans sparked rows with pensioners, farmers and.. Sky News
Liberal Democrats leader, Sir Ed Davey visited high-street businesses calling for a Government U-turn on the rise of the bus fare cap. The £2 cap on single fares that applies on most routes outside London will be replaced by a new £3 cap until the end of 2025, Chancellor Rachel Reeves announced in the Budget. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor of the Exchequer Rachel Reeves speaks to engineers and scientists during a visit to Tokamak Energy in Abingdon. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Responding to the slowdown in economic growth during the quarter to September, Chancellor Rachel Reeves emphasised that achieving growth is the "number one mission of this Government". However, she acknowledged that when she became chancellor, she was upfront about the "scale of the challenges" she had inherited, particularly regarding the state of public finances. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mel Stride blamed GDP figures showing growth slowed between July and September on the Labour government “talking down of the economy”. UK economic growth slowed between July and September relative to the previous quarter, according to official data, in a blow to Chancellor Rachel Reeves. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Pizza Hut's biggest UK franchisee has begun approaching potential bidders as it scrambles to mitigate the looming impact of tax hikes announced in last month's.. Sky News
Angela Rayner has paid tribute to former deputy prime minister John Prescott following his death aged 86 following a battle with Alzheimer's. The deputy prime minister described Mr Prescott as "an incredible figure in politics" and revealed he would often ring her after PMQs to offer words of encouragement.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime minister Sir Keir Starmer welcomed the President of Indonesia Prabowo Subianto to 10 Downing Street on Thursday. Mr Subianto, who was inaugurated last month, met the prime minister earlier this week at the G20 leaders’ summit in Brazil.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Gordon Brown has paid tribute to former deputy prime minister John Prescott following his death aged 86 following a battle with Alzheimer's. The former prime minister credited Mr Prescott with transforming "our view of climate change" and being the "pioneer of levelling up."
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer said the UK must "double down" it's support for Ukraine after returning from the G20 summit in Brazil. Addressing the House of Commons on Thursday, the prime minister said it "could not be more clear" that "this is a man that wants destruction, not peace".
"After 1,000 days of war, I am clear that we must double down in our support. We will not be deterred or distracted by reckless threats," he added.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow defence secretary James Cartlidge has responded to speculation that Ukraine has fired UK-supplied Storm Shadow missiles at targets inside Russia for the first time. Mr Cartlidge said: "We do support giving Ukraine maximum autonomy because ultimately they're trying to fight for their lives - this is an act of self defence." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jeremy Clarkson has pleaded with Labour to "back down" over its Inheritance Tax on farms as he joined thousands of farmers for a mass protest in London on Tuesday. The 64-year-old former Top Gear..
The policing minister has defended the government's decision to impose Inheritance Tax on farms worth over £1 million. Diana Johnson said the Labour government have had to make "difficult decisions"..
World News Report: Keir Starmer "fled like a rat" from angry farmers who descended on Labor's conference on Saturday over the inheritance tax proposal. Southern Spain hit..
![Ed Davey visits shops in call to stop bus fare cap hike [Video]](https://video.newsserve.net/300/v/20241115/1393493502-Ed-Davey-visits-shops-in-call-to-stop.jpg)
![Rachel Reeves visits fusion power company [Video]](https://video.newsserve.net/300/v/20241115/1393479452-Rachel-Reeves-visits-fusion-power-company.jpg)
![Reeves insists growth is priority despite economic slowdown [Video]](https://video.newsserve.net/300/v/20241115/1393479752-Reeves-insists-growth-is-priority-despite-economic-slowdown.jpg)
![Stride: GDP figures are 'very weak and worrying' [Video]](https://video.newsserve.net/300/v/20241115/1393471274-Stride-GDP-figures-are-very-weak-and-worrying.jpg)
![Angela Rayner pays tribute to John Prescott [Video]](https://video.newsserve.net/300/v/20241121/1394031940-Angela-Rayner-pays-tribute-to-John-Prescott.jpg)
![PM meets President of Indonesia at Downing Street [Video]](https://video.newsserve.net/300/v/20241121/1394032004-PM-meets-President-of-Indonesia-at-Downing-Street.jpg)
![Gordon Brown pays tribute to John Prescott [Video]](https://video.newsserve.net/300/v/20241121/1394015200-Gordon-Brown-pays-tribute-to-John-Prescott.jpg)
![UK must double down support for Ukraine, says PM [Video]](https://video.newsserve.net/300/v/20241121/1394012798-UK-must-double-down-support-for-Ukraine-says.jpg)
![Shadow minister responds to Ukraine's storm missile use [Video]](https://video.newsserve.net/300/v/20241121/1394008364-Shadow-minister-responds-to-Ukraine-storm-missile.jpg)
![Jeremy Clarkson urges government to 'back down' on farm tax [Video]](https://video.newsserve.net/300/v/20241119/1393823410-Jeremy-Clarkson-urges-government-to-back-down-on.jpg)
![Minister defends government amid Inheritance Tax row [Video]](https://video.newsserve.net/300/v/20241119/1393810408-Minister-defends-government-amid-Inheritance-Tax-row.jpg)
![UK Farmers Vs Starmer- Floods Ravage Spain; Arch Bishop of Canterbury Resigns Over Abuse 11/17/24 [Video]](https://video.newsserve.net/300/v/20241117/1731870099-UK-Farmers-Vs-Starmer-Floods-Ravage-Spain-Arch.jpg)
