Analysts Warn of Job Losses
Around 125,000 jobs are in jeopardy due to Labour's inheritance raid, with analysts cautioning about the potential impact on the economy.
Family Firms and Farmers Express Anger
Rachel Reeves faces backlash as family firms and farmers express anger over the tax-raising measures in the Budget, with concerns raised about the cap on business property relief.
Economic Impact Projections
CBI Economics predicts a significant impact, with job losses, reduced investment, and a decrease in the value of the economy's goods and services by £9.4 billion by 2030.
Industry Reactions
Industry experts and business owners warn that changes in inheritance tax policies could hinder investment and threaten the viability of family firms, urging for a reconsideration of the proposed measures.
Treasury's Response
The Treasury defends the Budget decisions, stating that tough choices were necessary to strengthen the country's foundations and support economic stability for businesses to thrive.
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