A Labour MP has become the first to break ranks and declare he would rebel against his party's controversial farm tax. This move will increase pressure on the chancellor Rachel Reeves to U-turn on her inheritance tax raid.
Markus Campbell-Savours, the Labour MP for Penrith and Solway, said he was 'not prepared to break my word' to farmers in his constituency, which signals potential party discord over tax policy.
Thousands of farmers brought Westminster to a standstill last month when they descended on the capital to voice their opposition to the changes, protesting the proposed inheritance tax rules.
Critics say the inheritance tax changes could sound the death knell for many family farms, as farms valued at 1m or more would face a hefty 20 percent tax.
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