Iceland boss stands behind farmers after inheritance tax raid

Iceland boss Richard Walker has stood behind farmers following the government’s proposed inheritance tax changes, claiming the Treasury “has parked its tractor in the wrong place”.
The supermarket’s managing director criticised Chancellor Rachel Reeves’s decision to reduce the relief entrepreneurs can claim when passing their company on to their children with any assets above £1m subject to a 20% tax.
Walker told The Telegraph: “The Treasury is right to