UK Tory Leader Pledges Inheritance Tax Cut
UK Conservative leader Kemi Badenoch pledged to abolish inheritance tax on family homes and cut employer social security contributions for young workers. The policy aims to boost growth and restore public trust after trailing in recent polls.
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United Kingdom Conservative leader Kemi Badenoch pledged on Wednesday afternoon to abolish inheritance tax on family homes, allowing couples to pass on an additional £1 million ($1.3 million). The sweeping tax cut proposal anchors her party's economic platform after falling to third in national opinion polls. Investors are weighing the fiscal impact on the GBP/USD currency pair amid ongoing political shifts.
