Victory for Conservative campaign as government makes partial climbdown on family farm tax

Conservative Party leader Kemi Badenoch insisted the "fight is not finished" after the government made a partial climbdown on the Family Farm tax following 14 months of regular protests by farmers outside Parliament. The threshold for IHT on family farms will now be raised from £1 million to £2.5 million.

Kemi said: "This is a huge U-turn by the government and a big win for the Conservative Party's campaign against Labour's Family Farm Tax."

"Earlier this year, I was told to drop our campaign, that there weren't many votes in it, there weren't many farmers, and people assumed they were wealthy enough to cope anyway. I ignored the advice and kept campaigning.

"The Family Farm Tax is cruel, immoral and will not raise any money because farmers will stop farming. It would have pushed farms to the brink, damaged our food supply, and hurt the people who work long hours to feed the country.

The Conservatives will however continue to fight to see the complete abolition of IHT on family farms, saying even the new threshold is not good enough and remains unfair.

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