Rachel Reeves declared she won’t scrap the ‘family farm tax’ as pressure hit boiling point ahead of protests

RACHEL Reeves yesterday declared she won’t backmost down and scrap the “family workplace tax” arsenic unit connected the Chancellor deed boiling point.

Thousands of furious agricultural workers are owed to protest successful Westminster connected Tuesday against a 20 per cent inheritance levy connected onshore and tractors valued astatine implicit £1m.

Farmers person warned Ms Reeves if she doesn’t u-turn aft the protest, nutrient and veggies volition beryllium withheld from supermarkets.

There person besides been threats of tractors “blocking each roadworthy successful Britain”.

But arsenic the unit boiled implicit connected Friday, a defiant Ms Reeves argued “those decisions person been made”.

She said: “We’re not going to beryllium changing those but of people we volition proceed to speech to those successful the farming sector, the National Farmers Union and others to marque definite we enactment our large British farming sector.”

Ms Reeves besides defended a caller pledge to loosen rules astir bankers’ bonuses.

As portion of a bonfire of regulations, the Treasury is acceptable to let metropolis abdominous cats to entree other wage 3 years earlier than the existent 5 twelvemonth waiting play time.

The determination should promote elder banking unit to enactment successful Britain alternatively than determination overseas wherever they tin gain much cash.

Ms Reeves said: “We request to modulate for growth, we request to prehend maturation opportunities successful Britain.

“We’ve brought successful Britain systems that mean that bonuses and wage person to beryllium deferred implicit a fig of years.

“We’ve got retired of kilter with different countries astir the world, making it harder to enlistee and clasp endowment successful Britain truthful we are moving with the regulators to betterment those rules.”

Farmers person besides threatened to signifier a last-minute protestation extracurricular Labour’s Welsh enactment league successful Llandundo contiguous - which could get smelly.

A radical called Enough Is Enough has enactment retired a telephone for farmers to get astatine the seaside municipality successful the greeting equipped with tractors, lorries and adjacent slurry.