Rachel Reeves’s plan to reduce inheritance tax relief for farmers risks hampering growth and destabilising the wider economy, according to Rain Newton-Smith, head of the Confederation of British Industry (CBI). Addressing the National Farmers’ Union (NFU) on Tuesday, Newton-Smith criticised the Chancellor’s decision to cut Agricultural Property Relief—previously exempting farms from inheritance tax—as a “£500 […]
Rachel Reeves’s plan to reduce inheritance tax relief for farmers risks hampering growth and destabilising the wider economy, according to Rain Newton-Smith, head of the Confederation of British Industry (CBI). Addressing the National Farmers’ Union (NFU) on Tuesday, Newton-Smith criticised the Chancellor’s decision to cut Agricultural Property Relief—previously exempting farms from inheritance tax—as a “£500 […]
The billionaire Conservative Party donor Lord Spencer of Alresford has increased his already sizeable holding in Chapel Down Group, England’s largest wine producer, amid a protracted share-price slump since its December 2023 flotation. Recent stock exchange filings show that Spencer, founder of broker Icap and a non-executive director at Chapel Down, snapped up an additional […]
The billionaire Conservative Party donor Lord Spencer of Alresford has increased his already sizeable holding in Chapel Down Group, England’s largest wine producer, amid a protracted share-price slump since its December 2023 flotation. Recent stock exchange filings show that Spencer, founder of broker Icap and a non-executive director at Chapel Down, snapped up an additional […]
BMW has confirmed a delay to the reintroduction of electric vehicle (EV) production at its iconic Mini plant in Oxford, blaming a confluence of factors shaping the beleaguered automotive sector. The German carmaker said the decision includes pausing a £600m upgrade of the facility and declining a £60m grant offer from the government, although it […]
BMW has confirmed a delay to the reintroduction of electric vehicle (EV) production at its iconic Mini plant in Oxford, blaming a confluence of factors shaping the beleaguered automotive sector. The German carmaker said the decision includes pausing a £600m upgrade of the facility and declining a £60m grant offer from the government, although it […]