Downing Street is reportedly engaged in discussions about the potential scrapping of inheritance tax as a key offering in their manifesto to secure victory in the next election, according to reports. The Times revealed that No 10 was considering making the abolition of the levy a commitment to consolidate support in “blue wall” seats in 2025.
Supporters of the proposed policy argue that it could be a significant game-changer in the south of England, where the Conservative Party is defending vulnerable constituencies against potential gains by opposition parties.