Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

While farmers protest, UK’s Starmer says will defend budget ‘all day long’

by
November 17, 2024
in Stock
0
While farmers protest, UK’s Starmer says will defend budget ‘all day long’

LONDON (Reuters) – British Prime Minister Keir Starmer said on Saturday he would defend decisions taken in his new Labour government’s first budget “all day long”, while farmers protested over changes to inheritance tax.

Addressing the Welsh Labour Conference in Llandudno, north Wales, Starmer did not refer to the farmers’ complaints directly, but he said he stood by the decisions made in finance minister Rachel Reeves’ Oct. 30 budget statement.

“Make no mistake, I will defend our decisions in the budget all day long,” he said.

“I will defend facing up to the harsh light of fiscal reality, I will defend the tough decisions that were necessary to stabilise our economy.”

While Starmer spoke, hundreds of farmers protested outside the conference venue over a budget measure that will mean more of them having to pay inheritance tax.

They have warned that the move will threaten the viability of farms, make produce more expensive and threaten food security.

Farmers plan a major protest in London on Nov. 19.

UK businesses have also warned that increased employment taxes and a rise in the minimum wage from the budget will stoke inflation and have a negative impact on investment and jobs.

This post appeared first on investing.com
Previous Post

What Trump 2.0 might mean for aerospace and defense stocks, according to Citi

Next Post

RBC’s top 10 questions and answers on biotech stocks

Next Post
RBC’s top 10 questions and answers on biotech stocks

RBC’s top 10 questions and answers on biotech stocks

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Sustained war with Iran could drain US missile stockpiles, test escalation control

    Sustained war with Iran could drain US missile stockpiles, test escalation control

    March 1, 2026
    From hostage crisis to assassination plots: Iran’s near half-century war on Americans

    From hostage crisis to assassination plots: Iran’s near half-century war on Americans

    March 1, 2026
    Bold Ventures Provides Update on Burchell Drilling Progress and Announces PDAC Participation at Booth #2610

    Bold Ventures Provides Update on Burchell Drilling Progress and Announces PDAC Participation at Booth #2610

    March 1, 2026
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • Sustained war with Iran could drain US missile stockpiles, test escalation control
    • From hostage crisis to assassination plots: Iran’s near half-century war on Americans
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2026 proudforprofits.com | All Rights Reserved