Sir Keir Starmer is facing backlash from rural communities in the UK over his government’s family farm tax, with scores of farmers in Wales protesting at Labour’s conference in Llandudno. The prime minister is defending the controversial Budget measures, including a new inheritance tax on farms over £1 million at 20%, leading to fears of farm closures and family separations. Amidst disagreements over the number of affected farms and a call to treat family farms like the miners in the 1980s, farmers are threatening to strike and cut off Britain’s food supply, with a larger protest planned in Westminster.
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Interest rates live: Bank of England set to cut interest rates in boost for mortgage holders
The UK's base interest rate is expected to drop to its lowest level in over 18 months, with analysts predicting a cut from 4.75% to 4.5% by the Bank of England in its upcoming announcement on Thursday. This decrease is seen as a positive development for mortgage holders, as the base rate influences borrowing costs, including tracker mortgages. The potential rate cut comes amidst falling inflation rates and economic stagnation, with hopes that lower interest...
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