Environment secretary insists "most farms won't be affected"
Video Credit: ODN - Duration: 01:07s - Published
Environment secretary insists "most farms won't be affected"
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 Ā£1 million have sparked fury among rural communities, with thousands of farmers descending upon Westminster on Tuesday in protest.
"The vast majority of farms will pay nothing more under the new scheme - that's been validated by the Independent Office for Budget Responsibility," Mr Reed added.
Report by Kennedyl.
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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.
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Responding to reports of Labour back bench criticism over policy, cabinet minister Steve Reed insists the government is āabsolutely focussed on supporting those people who are struggling the most with the cost-of-living crisisā. The environment secretary lists increases to pensions and the National Minimum Wage plus increased investment in the NHS as a āLabour thing to doā. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
President Macron and his wife Brigitte attended a banquet at Guildhall, hosted by the Lord Mayor and City of London Corporation. They were joined by the Duke and Duchess of Gloucester. The event is part of the French state visit, celebrating ties between the UK and France. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer and Emmanuel Macron have visited the British Museum to celebrate plans for a cultural exchange between the UK and France. The Prime Minister said: āIn this new world our alliances are more important than everā¦ the UK is proud to stand shoulder to shoulder with France, supporting Ukraine and calling for sustainable peace in the Middle East.ā Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer has said the UKās relationship with France is āas strong as itās ever beenā as he welcomed President Emmanuel Macron to Downing Street. The prime minister praised their āpersonal relationshipā and said the state visit symbolised the closeness of both nations. He also reflected on their joint wreath-laying at Churchillās statue, calling it a reminder of their enduring bond. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer declines to rule out a wealth tax after Kemi Badenoch accuses him of āflirtingā with the idea. The prime minister avoids a direct answer, instead defending Labourās economic record and criticising past Tory policies. Badenoch warns such a tax would hit savings, pensions and homes, calling it a ātax on aspirationā. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer confirms he stands by Labourās manifesto pledge not to raise income tax, national insurance or VAT. Asked by Conservative leader Kemi Badenoch in Parliament if the promise still holds, Starmer simply replies: āYes.ā Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Steve Reed has defended the government's decision to introduce inheritance tax on farms worth over Ā£1 million. The environment secretary said Labour's Inheritance Tax plans became necessary because of..
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