Rachel Reeves stands firm on 'family farm tax' despite protests

Pressure mounts ahead of protests

Rachel Reeves has declared that she will not back down on the controversial 'family farm tax' despite mounting pressure. Thousands of agricultural workers are set to protest in Westminster against a 20 per cent inheritance levy on land and tractors valued at over £1m.

Defiant stance

As tensions rise, Ms Reeves remains firm in her decision, stating that the decisions have been made and will not be changing. However, she has expressed willingness to continue discussions with the farming sector to support British agriculture.

Loosening rules on bankers' bonuses

Ms Reeves has also defended a move to loosen regulations around bankers' bonuses, aiming to encourage senior banking staff to remain in Britain by allowing access to extra pay three years earlier than the current five-year waiting period.

Last-minute protests

Farmers have threatened to stage a protest outside Labour's Welsh party conference in Llandudno, armed with tractors, lorries, and even slurry. The group 'Enough Is Enough' has called for a demonstration to make their voices heard.