
Downing Street has defended Rachel Reeves’s Budget tax increases on family farms and the care sector.
Family farms will now face inheritance tax on land worth over £1 million as agricultural relief is scaled back. GP surgeries and care homes will also be affected by Reeves’s National Insurance increase, raising concerns about significant impacts on the sector.
The Prime Minister’s deputy spokeswoman said that support for farmers remains strong, with a £5bn commitment in the agricultural budget over the next two years. She noted that 73% of farms won’t be impacted by the changes, and substantial inheritance tax relief will still apply.
Dr David Bull hosts a head-to-head political debate between political commentator for The Spectator, Will Kingston and journalist Mike Indian.
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How can a former clerk be trusted to be a Chancellor
Stop taxing everything into the ground and you'll see growth. Since when has increasing taxes ever increased tax revenue beyond first year?
Britain at this moment reminds be of a dwelling which has been run down for well over a decade, and with no interested buyers that are really interested, so the dwelling is put up for auction to hopefully find a buyer who want to first, take it back to brick and remove all non working parts and invest with new products to bring the dwelling back to the present day families requirements to live in once again. Much like we see in the programme "Homes Under The Hammer"
Be nice if she did least you could call a spade a spade back then
The Conservatives never had a chance. NHS = Run by unions. Immigration = + run by union Civil service = unions. BREXIT destroyed by unions. Transport = unions. Boris= investigated by Labour Sue Grey
Farmers are still angry that leave campaign lied to them about Brexit
uk is dolng great after brexit..stop whinning
England is.the worst country in the world
Pretty sure the NI “Cut” was funded by- by fiscal drag! Cutting the main NI percentage rate (which is only payable up to a certain threshold – with everything over that threshold taxed at 2%) provided a fixed, annual reduction in tax whilst the effects of fiscal drag has dragged more people into either paying income tax or at higher rates, bringing the treasury more revenue even factoring in the NI reduction.
The Labour party couldn’t run a hotdog stand, let alone a country.
yeh lived in the seventies it was awful. not something i want to go through it again.
all i ever remember them doing is tax the hell out of us and when they have broke the bank they get kicked out and then have the gaul to say how good they left the country
The public are ruthless for voting for this
The Care sector just cannot afford the increase in Corporate NI and increase in minimum wages. I am all for increasing the minimum wage but the fees must increase otherwise Care businesses will have to close and that will cost the government even more money.
I remember the 70's, my parents went without food
They did something to get votes😂
I’m 77yrs and have always been worse off with Labour in Government! I’m just a retired ex Postie & before that a Factory Worker at a small business! But never believed in or trusted Labour
The fool has now destroyed small business,they need get out now
Great point. Labour were going to win anyway. They could have been totally honest but chose to be so mealy mouthed.
Inspires no confidence. No integrity.
In my 77 years on this planet I have always been worse off under a Liebour government as a working man. Nothing has changed as a pensioner. My only consolation is all the dumb people who voted Liebour are also going to be worse off. One thing I am sure of is Liebour will be in the political wilderness for at least 20 years after the next election.
What has Labour ever done for us? Bankrupted the Country everytime its been in power. Thats only a start…..
Mike take your hat off , accept your thinning hair 👍
The problem is that voting is not compulsory. There are a number of countries where if a person failed to vote they were fined. Some in Europe and others further afield. Maybe it ought to be compulsory/mandatory here in the UK. Then maybe we could get a better idea of exactly who the electorate really wants. Alternatively if less than 51% of the electorate vote the election has to be re-run.
We are still borrowing £1 in every £4 that the government spend ,
On the positive side it's good to see Reeves uses public services, a Library. Don't know how long see has The Ladybird book of "How to run the economy of a country" for, unfortunately she picked up the wrong one instead of Run it was Ruin. She probably uses it in conjunction with The Derek Trotter book "No income Tax, No VAT No money back No Guarantee"
What about Tommy Robinson
ANDY CAP
Can remember labour was saying everything is fully costed, so lending money for what they need means they were lying
The normal balanced view
Ian you are right, the seventies were hard
This is a modern version of Stalin's policy of collectivising the farms. That was a disaster and created a devastating famine.
Oh we are going back to the 1970s are we, well that's ok that's when i was born, but instead of getting born, i'll be getting DEAD. Cool.
They are gonna start a future civil war.
Did ms Abbott have something to do with labour calculations for the budget
Why wasn’t anything mentioned in the budget about illegal immigration’s cost to the taxpayer,it’s not a trivial amount 10 million a day and probably a lot more in reality
The VAT on private schools is all about making them for rich kids only
Ed Silliband wants all the Prime Agricultural Land (farms) for his Pylons, Solar farms and wind farms, so forcing farmers to sell their land, will mean the government can purchase them cheaply.
We may not be food self-sufficient but at present we still have the farms to provide some of our food needs and the option to increase the productivity with the right financial help.
No she is taking us back to the 1930s or way back to feudal times. 😱
Labor's economic manifestos always ends in a train wreck because markets bamboozle their manifestos.
How many birds ar killed by wind farms
Alot of this budget is ideology
No private sector, then there is no public sector at all.
Attacking the private sector is as stupid as demolishing the foundations of your own house and having the expectation that your house will be fine
I call a farmer inheritance relief charity charge to be placed on ALL food products that are sold in labour run constituencies.
All shops should apply this them selves, since they too will be victims of the attack on farmers, the charge is to To protect the farmers from this envious Labour government and their supporters.
Taxation means growth is like cutting portions off a tree and expecting the tree to be bigger than what it was before the tAXE
Why on earth being the first black woman to lead the conservatives is a feather in the cap she's a woman a person elected to be the best but there just going to pedal the first black woman agenda all way to next election
It is quite obvious that Reeves is a vindictive person. She has had a 'bee in her bonnet' about the fuel benefit paid to pensioners. She has always hated this benefit and that is why it was cancelled almost from the result of the election being known. The fact that Keir Starmer allowed it just speaks to the lack of 'political nous' demonstrated by the labour party. I am not a rich person but will never vote for the labour party. They are anti-business. You cannot make all of the poor people rich by trying to make all of the rich people poor. We now have £60,000pa train drivers with some older people being unable heat their homes. I wait to hear the labour parties excuses when the first old person dies due to lack of heating during this winter.
We should cut members of parliaments allowances now!! I could go on and mentioned taking gifts to enhance their wardrobes but they disgust me and I don't want to even think of them any more.
Does Mike Indian know that central heating has improved since the 1920s? Why is he wearing a hat indoors? Prat!
more like ,
back to the stone age