Environment secretary admits he U-turned on farm inheritance tax
Tuesday, 19 November 2024 The secretary of state in charge of rural affairs, Steve Reed, has admitted he has changed his stance on farm inheritance tax because of the "£22bn black hole left by the Tories".
Steve Reed has defended the government's decision to introduce inheritance tax on farms worth over £1 million. The environment secretary said Labour's Inheritance Tax plans became necessary because of the '£22 billion black hole' in the public finances they allegedly inherited from the previous...
Environment Secretary Steve Reed has warned the nationalisation would cost £100 billion and slow down efforts to cut pollution. Mr Reed said it was not the answer, adding: “It would involve years of legal wrangles and during that that time, there would be no investments into upgrading our sewage and water pipes.''
Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Environment Secretary Steve Reed has confirmed that water regulator Ofwat will be abolished as part of an overhaul of a “broken” regulatory system. Mr Reed pledged to strengthen regulation, clean up the country’s rivers and protect the public from soaring water bills. The Environment Secretary said: "A single, powerful regulator responsible for the entire water sector will stand firmly on the side of customers, investors and the environment and prevent the abuses of the past''. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Steve Reed has conceded that the bulk of the £104bn of water industry investment which he boasts Labour has attracted since coming to office will come from bill.. Sky News
Environment Secretary Steve Reed says the water regulator Ofwat has “clearly failed everybody,” citing record pollution levels and rising bills. Reed said the government is committed to halving sewage discharges into England and Wales’ waterways by 2030. He called for “a revolution in our water sector” and said a report from Sir John Cunliffe will guide urgent regulatory reform. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The government has announced new regulations that mean six water companies will be banned from paying bonuses to senior bosses. Environment Secretary Steve Reed also spoke about criminal investigations into water companies and private investment into sewage treatment.
Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
MPs including shadow environment secretary Victoria Atkins, shadow foreign secretary Priti Patel and Tory party leader Kemi Badenoch have turned out in Westminster to offer their support to the farmers..
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..
Environment secretary Steve Reed has insisted "only around 500 farms will be affected" by the new family farm tax. The plans to impose inheritance tax on farms worth more than £1 million have sparked..
Tuesday, 19 November 2024
The secretary of state in charge of rural affairs, Steve Reed, has admitted he has changed his stance on farm inheritance tax because of the "£22bn black hole left by the Tories".
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