The main trade body representing suppliers of building materials – the Builders Merchants Federation (BMF) – has become the latest in a slew of trade bodies to sign an open letter to the chancellor warning about the consequences of changes to inheritance tax in the Budget. It has raised serious questions over the Labour government’s hopes of a building revolution that will push forward economic growth.
The 32 trade bodies, representing 160,000 family businesses, made their intervention ahead of a major protest event at the London Palladium yesterday, which was addressed by Tory leader Kemi Badenoch.
The letter warned: “The changes to these policies will have a severe and long-lasting impact on these businesses and the livelihoods of the millions of people they employ. These businesses and the economy will be starved of much-needed investment, leading to forced, premature business sales and the loss of jobs in constituencies across the country.”
この記事は The Independent の December 17, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Independent の December 17, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Trans player Van Leuven is a winner even as she loses
As Noa-Lynn van Leuven approached the stage, red hair flowing and lipstick shimmering under the lights, it was hard to know what the reaction would be.
Liverpool's forgotten man will 'get minutes' in cup tie
It was seen as a no-brainer. Liverpool's £12m signing of Federico Chiesa - the Italian golden boy on his nation's triumphant European Championship title run three years ago was heralded from all angles as a coup for Arne Slot.
Fixture chaos is a blueprint for shocks and dark horses
In the immediate aftermath of the Manchester derby, Pep Guardiola was dumbfounded.
Mudryk in 'complete shock' over banned substance test
Mykhailo Mudryk insists he has “not done anything wrong” after submitting a drug test sample which contained a banned substance.
Weakened job market is a grim sign of things to come
Recruiter Reed threw the cat among the pigeons when it warned of a sharp fall in the number of jobs being advertised – and suggested that a recession may be just around the corner.
What's at stake if US goes ahead with TikTok ban?
After amassing more than 170 million users in the country in less than seven years, TikTok is now facing an outright ban in the US.
Teen kills teacher and pupil in shooting at US school
A US community has been left traumatised after a 15-year-old female student killed a teacher and another pupil in a shooting spree at a Christian school in Wisconsin on Monday.
French fly flag in Damascus as West holds talks in Syria.
France has raised its flag at its Damascus embassy for the first time in 12 years and European Union officials prepared to engage with the new Syrian leadership, a sign of the growing contacts after Bashar al-Assad was ousted as president on 8 December.
Gaza ceasefire in sight as expectations grow over deal
Hamas says an agreement will only be signed if Israel stops setting new conditions during 'serious and positive' talks
UK held migrants on island unlawfully, judge rules
A group of more than 60 asylum seekers were unlawfully detained by the UK on the remote island of Diego Garcia, a judge has ruled.
