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The Independent UK
The Independent UK
Kate Devlin

Record number of farms close in wake of ’tractor tax’ raid

Rachel Reeves

A record number of farms have closed in the wake of Rachel Reeves's inheritance tax raid, new figures suggest.

In total 6,365 agriculture, forestry and fishing businesses have closed over the past year, the highest since quarterly data was first published in 2017, according to the Office for National Statistics.

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