Rachel Reeves says she is raising money in a "fair and balanced way", after receiving backlash from farmers over a new inheritance tax charge announced in her Autumn Budget. The chancellor 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 Reeves tells Channel 4 News, "73 percent of farmers will not be paying a penny more". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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
The steps of Old Marylebone Town Hall were covered with confetti on Tuesday as 100 couples tied the knot in a mass celebration to mark 100 years of the iconic venue. The town hall, which has been the site of scores of celebrity weddings including Sir Paul McCartney, Sir Ringo Starr, and Liam Gallagher, charged the couples just Β£100 for participating in the event. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Foreign secretary David Lammy calls for ceasefires in Lebanon and Gaza and urges Israel and Iran to avoid the risk of a regional war in the Middle East. He said: βAt this time, none of us want to see a regional escalation. None of us want a return to the years in which Israel found itself bogged down in a quagmire in southern Lebanon and pitched battles between Israeli soldiers and of course the Lebanese side.β Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Residents in Spain's Valencia are in shock after deadly floods hit the country, killing over 150 people. Authorities warn the emergency is still not over, asking people in flood-stricken regions to..
Residents in Spain's Valencia are in shock after deadly floods that hit the region, killing at least 95 people. Authorities warn the emergency is still not over, asking people in flood-stricken regions..
Spain's King Felipe VI expesses his "condolences and sadness" for the loss of "so many lives" after deadly floods hit Spain, particularly in the Valencia region, where the official death toll has..