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Labour’s plot to raise inheritance tax in bid to fill £50bn black hole slammed as ‘politics of envy’

Labour’s plot to raise inheritance tax in bid to fill £50bn black hole slammed as ‘politics of envy’

A LABOUR plot to raise inheritance tax has been branded “politics of envy”. The move would hit strivers who had “worked hard, saved responsibly, and hope to leave something behind”, senior Tory Mel Stride claimed. Chancellor Rachel Reeves is reportedly considering tightening the rules on how much money people can gift to their loved ones. […]

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