Labour could be knocked off course as it sticks to £40bn mission | Heather Stewart

Labour could be knocked off course as it sticks to £40bn mission | Heather Stewart

Economic growth (GDP), Business, Economic policy, Politics, UK news, Labour, Autumn budget 2024, Budget, Tax and spending, Economics Business | The Guardian

​The government’s pact with voters relies on it delivering on its promise of growth but the early omens are unsettling‘“Starmer the farmer harmer”: the placards sported by the army of angry landowners who rolled into Westminster last Tuesday sent a clear message to the prime minister, albeit while he was out of the country.By Thursday, the Treasury was hinting at a retreat, albeit a very modest one, on its plans to levy inheritance tax on larger estates: mooting a transitional regime for the oldest farmers, who may not have time to organise their affairs. Continue reading… 

The government’s pact with voters relies on it delivering on its promise of growth but the early omens are unsettling

‘“Starmer the farmer harmer”: the placards sported by the army of angry landowners who rolled into Westminster last Tuesday sent a clear message to the prime minister, albeit while he was out of the country.

By Thursday, the Treasury was hinting at a retreat, albeit a very modest one, on its plans to levy inheritance tax on larger estates: mooting a transitional regime for the oldest farmers, who may not have time to organise their affairs.

Continue reading… 

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