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Government U Turn

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Farmers face record closures amid inheritance tax U-turn and political row

Originally Published 19 days ago — by BBC

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Source: BBC

The UK government has reversed its plan to impose a 20% inheritance tax on farms, partly due to protests, political pressure from rural Labour MPs, and concerns over public perception, especially after Labour's recent election victory. The change, costing £130m, highlights the government's reactive approach to controversial policies and ongoing political calculations.