Inheritance tax changes under consideration amid spending gap concerns

UK

Here’s the key context from your excerpt, in plain terms: Why now?Reversals on winter fuel payments and welfare reform have left Chancellor Rachel Reeves facing a multi-billion-pound hole in the public finances, with NIESR predicting a £41.2 billion shortfall against her “stability rule” by 2029–30.What’s being considered? A possible cap on the value of lifetime … Read more

JD Vance’s UK holiday has been part sightseeing tour, part political networking trip

UK

Here’s a quick summary of the article you posted: It’s significant because: The Bamfords are not just wealthy landowners — they’ve poured millions into Conservative Party campaigns. Their enterprises and estates are closely linked to political hospitality, having entertained senior Conservative figures and even hosted Boris Johnson’s wedding. For JD Vance, a high-profile American politician, … Read more