in the vernacular, asset rich, but cash poor. For example, a farm with an asset value of £8 million but average profits of £19 000 pa will face a tax bill of £1.2 million on the death of its owner. This is yet another example of a Government looking round desperately...
Johnson insisted post-Brexit Britain would be “simultaneously a great European power and truly global in our range and ambitions.” “We want this to be the beginning of a new era of friendly co-operation between the EU and an energetic Britain,” Johnson said in a pre-recorded address to...