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UK Farmers Protest Inheritance Tax Changes in London

Thousands of farmers rally against proposed tax reforms that could impact farm succession.

  • 10,000 farmers gathered in London to protest a new inheritance tax policy proposed by the Labour government.
  • The proposed tax would impose a 20% levy on farms valued over £1 million, affecting succession plans.
  • Farmers argue the policy threatens food security and could lead to farm closures.
  • Government claims only about 500 farms would be affected, but farmers remain skeptical.
  • Since Brexit, UK farmers face labor shortages and reduced funding, exacerbating financial pressures.
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