Government Doubles Farming Inheritance Tax Threshold to Protect Family Farms Tuesday, December 23, 2025 inheritance tax threshold government farming agriculture business relief farms finance On Tuesday 23 December, the government announced a significant increase in the Agricultural and Business Property Relief (ABPR) thresholds. Starting from April 2026, the individual threshold will rise from £1 million to £2.5 … Read More
Somerset Council Faces Financial Crisis Amid £73m Budget Gap Saturday, December 13, 2025 somerset budget council finance austerity transformation government savings consultation crisis Somerset Council is confronting a severe financial crisis, with an alarming £73 million budget gap threatening its sustainability, according to councillors and external auditors. Despite recent budget proposals that include … Read More
Somerset Council Faces Financial Crisis Amid £73 Million Budget Gap Saturday, December 13, 2025 somerset budget council finance crisis transformation auditors funding assetsales bankruptcy Somerset Council is confronting a severe financial crisis, with an estimated £73 million budget shortfall raising fears of a “lingering death,” according to councillors and auditors. The authority recently … Read More
Somerset Council Confronts £73m Budget Crisis Amid Financial Struggles Saturday, December 13, 2025 somerset council budget finance savings transformation audit overspend government assets Somerset Council is grappling with a severe financial crisis, facing a staggering £73 million budget gap that threatens its future viability. Councillors and auditors alike have warned that without urgent action, the council … Read More
Council Tax Reduction Cuts Could Deepen Poverty in North Somerset Sunday, December 7, 2025 counciltax poverty cuts northsomerset fairfunding austerity consultation hardship localgovernment finance A North Somerset Council cabinet member has raised urgent concerns that proposed cuts to the council tax reduction scheme may push vulnerable residents into deeper poverty. Facing an unprecedented financial crisis, the … Read More
Avon Pension Fund Faces Divestment Vote on Arms Investments Sunday, December 7, 2025 pensions divestment aerospace defence ethics investments avon humanrights climate finance The Avon Pension Fund is approaching a critical vote on whether to withdraw its investments from aerospace and defence companies. This £6 billion fund manages the Local Government Pension Scheme for the former county of Avon, … Read More