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Starmer and farmers locked in deadlock over tax changes after hundreds of tractors descend on Westminster

Hundreds of tractors descended on Westminster as farmers protested against proposed tax changes by Labour leader Keir Starmer, which would alter the current agricultural property relief, potentially affecting the inheritance tax exemptions for farmland. The demonstration was in response to Labour's plan to close a tax loophole that allows farmland to be passed down without inheritance tax if it is used for agriculture, a move intended to raise revenue but criticized by farmers for threatening the viability of family farms. Starmer has been in discussions with farming unions, but no resolution has been reached, leaving the farming community and Labour in a deadlock over the policy. The protest highlighted the significant opposition from the agricultural sector to these tax reforms, emphasizing the potential economic impact on rural communities and the future of farming in the UK.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/politics/government/starmer-and-farmers-locked-in-deadlock-over-tax-changes-after-hundreds-of-tractors-descend-on-westminster/ar-AA1vGtmL ]