Yemen Echo| news:
British Prime Minister Keir Starmer pledged on Saturday that he would defend “with all my might” the decisions stipulated in his Labor government’s first budget, at a time when farmers are protesting against amendments to the inheritance tax. According to what was confirmed by CNBC Arabia, and monitored by the “Yemen Echo” website.
In a speech he delivered before the Labor Party conference in North Wales, Starmer ignored the demands and protests of farmers rejecting the inheritance tax decision, as he did not refer directly or indirectly to their complaints, stressing that he would support the decisions taken by Treasury Secretary Rachel Reeves in the budget statement issued on October 30. From this year.
He added, “I will defend our budget decisions with all my might… I will defend the difficult decisions that were necessary to achieve stability in our economy.”
During Starmer’s speech, hundreds of farmers gathered in front of the conference headquarters to protest against a budget item that would increase the number of people who would be subject to paying inheritance tax, warning that this step would force them to sell their land, raise the cost of products, and threaten food security.
While the British government is now warning that it will have to proceed with tougher options, after Finance Minister Rachel Reeves accused the Conservatives in July of covering up a budget deficit of 22 billion pounds, about 26 billion euros, farmers plan to organize a major protest in London on November 19. / November.
It is noteworthy that the British Labor Party – which won the general elections in the United Kingdom on the fifth of last July, after reaching the 326 seats in the British House of Commons required to form the next government – focused in its election campaign on paying attention to the economic situation and pledging strict management of public spending, which requires taking… Harsh measures.
An economic survey conducted in the country at the end of last July confirmed that 53% of the British population feel that they are poorer now than they were five years ago, while British Finance Minister Rachel Reeves revealed a huge spending gap amounting to $28 billion, according to what was published. British News Agency.
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