Stocks and Investing Stocks and Investing

Farmers' protest live: Tractors descending upon London as pressure intensifies on Starmer over inheritance tax


Published on 2024-12-11 20:43:08 - The Independent
  Print publication without navigation

  • More than 300 farmers are expected to drive their tractors on Westminster ahead of Sir Keir Starmer answering prime minister's questions

The article from The Independent discusses a protest by farmers in London against the Labour Party's proposed changes to inheritance tax, which could potentially affect the agricultural sector. The protest occurred outside the Houses of Parliament, coinciding with Prime Minister's Questions (PMQs). Labour leader Keir Starmer has suggested a review of inheritance tax, hinting at possible increases or changes to exemptions, which has alarmed farmers who fear it could lead to the breakup of family farms due to increased tax liabilities. During PMQs, Conservative MPs, including Kemi Badenoch, criticized Starmer for these proposals, arguing that they would unfairly penalize hardworking families and disrupt traditional farming practices. The article also touches on the broader political debate around tax policies, with Labour defending their stance by emphasizing the need for a fair tax system that addresses wealth inequality.

Read the Full The Independent Article at:
[ https://www.independent.co.uk/news/uk/politics/farmers-protest-london-starmer-inheritance-tax-pmqs-badenoch-b2662432.html ]