Reeves’s tractor tax plan in disarray as supermarket giants hit out at chancellor

Rachel Reeves’s plans for a “family farm tax” have faced opposition from supermarket giants Tesco, Lidl, and the Co-Op, who are urging her to halt the policy due to concerns over food security and economic sustainability. Additionally, a report by the OBR suggests the policy may not generate as much revenue as expected, leading to uncertainties and potential tax planning by families to avoid the charge. With pressure mounting, Ms. Reeves is under scrutiny to reconsider the controversial tax raid that could have detrimental effects on family farms in England.

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