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Outrage against Canada’s Marineland theme park after fifth beluga dies
Most recent fatality marks 17th beluga to die at Niagara Falls, Ontario, aquarium since 2019
A fifth beluga has died at Canada’s Marineland, as questions mount over the future of both the controversial theme park and one of the world’s largest populations of captive whales.
The most recent fatality marks the 17th beluga to die at the Niagara Falls aquarium since 2019.
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Elnur Soltanov recorded speaking with fake oil and gas group that asked for deals in exchange for sponsoring talks
The chief executive of Cop29 has been filmed apparently agreeing to facilitate fossil fuel deals at the climate summit.
The recording has amplified calls by campaigners who want the fossil fuel industry and its lobbyists to be banned from future Cop talks.
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Euro Markets: Midday Update
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I’m a farmer – and I’m glad to see tax loopholes closing for cynical investor landowners | Guy Singh-Watson
It could have been better designed, but Rachel Reeves’s inheritance tweak will help farmers with mud on their boots
Should multimillionaire landowners benefit from a tax break designed to help small family farms pass down their land to their children? This is a hotly contested question, given last week’s budget. Labour has reintroduced 20% inheritance tax for farms that are valued at more than £1m, meaning the children of farmers will no longer inherit land tax-free. Granted, 20% is still only half of the standard inheritance tax rate, and it probably sounds more than generous to an ex-miner, foundry worker or shipbuilder. But today, £1m would only buy you about 40 hectares (100 acres) of farmland, which is far short of a viable farm.
Farming is a long-term business that requires substantial assets and often makes only meagre returns. Farming families have not had to consider tax planning for family succession since 1992. As a second-generation farmer, I support much of the budget. But on the inheritance tax threshold, I thought, the chancellor, Rachel Reeves, had got it wrong. The positive reading of her decision is that she was trying to close a loophole whereby wealthy people buy up farmland and pass it, tax-free, to their children. If that was the main objective, though, the threshold should have been set substantially higher than £1m.
Guy Singh-Watson is the founder of the organic veg box company Riverford and a member of Patriotic Millionaires UK. He grows organic vegetables on 60 hectares (150 acres) in Devon and 120 hectares (300 acres) in the French Vendée. He sold Riverford in 2018 to its 1,000 employees, and the company is now 100% employee-owned
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