Latest news with #Cornwall
Times
31 minutes ago
- Business
- Times
Inheritance tax changes ‘put 200,000 jobs at risk'
More than 200,000 jobs are at risk from the planned changes to inheritance tax rules for family businesses and farms, according to research. The government's decision to change the rules for business property relief (BPR) and agricultural property relief (APR) could also wipe almost £15 billion from UK economic activity and result in a £1.9 billion tax loss, the study by Family Business UK (FBUK) said. The government is planning to reform APR, which can give up to 100 per cent relief from inheritance tax on qualifying land, and BPR, which has the same effect on buildings operating as business premises. The latter is applicable not only to stately homes but on a range of properties. In October, Rachel Reeves, the chancellor, announced that from April 2026 inherited agricultural assets worth more than £1 million would be liable to inheritance tax at 20 per cent — half the usual rate. The changes, according to FBUK, could result in the loss of 208,000 jobs. Parts of Cornwall and Aberdeenshire are expected to be the worst affected, alongside Yorkshire, northern and eastern England, the Midlands and Northern Ireland. The industries expected to bear the brunt of the changes are construction, manufacturing, accommodation, hospitality and the motor industry, as well as agriculture and horticulture. Neil Davy, the chief executive of FBUK, said: 'No industry, sector, region or parliamentary constituency will be immune. In construction, services, manufacturing, tourism, transport, agriculture and horticulture, family business owners are responding to the changes to BPR and APR by tearing up long-term plans to invest in their businesses, their employees and the communities in which they are based. 'While parts of government are looking at how to boost regional growth and create opportunities in every sector of the economy, this research shows how changes to BPR and APR will achieve the exact opposite.' The research, which involved 4,174 businesses and farms, showed that for family businesses affected by the change to BPR, investment is likely to fall the most across Yorkshire & the Humber, as well as the East of England, by 17 per cent. Job losses would be greatest in parts of Scotland, the North West and North East of England.
Irish Daily Mirror
2 hours ago
- Entertainment
- Irish Daily Mirror
'I'm getting married, so I'm up to my eyeballs' - Bohemians ace Rob Cornwall
Most League of Ireland players are hitting the beach this week but Rob Cornwall is working through a list of jobs the length of his arm. But the busy schedule is all for a good cause as the Bohemians centre-back is tying the knot with his fiancé Brittany on Saturday. The mid-season break divides opinion and Shelbourne boss Damien Duff has hit out at the 'amateurish' approach of affording players 'a week on the gargle'. Other managers feel a few days of rest and relaxation will do their players no harm at all - and welcome the chance to switch off. But Cornwall has more on his mind with the wedding looming in Co Meath this weekend and laughed: 'I'm up to my eyeballs, I don't want to go away! I just gambled(on the day to be honest. Gambled on a Saturday, hoping it wasn't Sligo away, so I was blessed. "It's a small enough wedding but the lads (Bohs team-mates) are all invited to the day two. Wardy (Keith Ward) is a groomsman. I wouldn't let him do a speech!.' Click this link or scan the QR code to receive the latest League of Ireland news and top stories from the Irish Mirror. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice. Bohs are doing their talking on the pitch at the moment, having put their early season struggles well and truly behind them. And as he prepares to get married, Cornwall admits it is peace of mind knowing that all is well on the pitch as well as off it. The Gypsies have surged up the table and moved joint second after Friday's controlled and deserved 1-0 win over Derry City at Dalymount Park. And Cornwall points to the come-from-behind derby win away to arch rivals Shamrock Rovers last month as the turning point in their season. 'The fans are kind of back on our side this year,' he said. 'You can feel everything's clicking. To do the Rovers game, to do the Pats game, everything starts to flow then. 'We're making Dalymount a bit of a fortress now, which is good. We didn't have that in the last couple of years and we were delighted to get the win on Friday. 'It was different to the Shels game, because when Shels got the two lads sent off, we didn't really take control, but I thought we managed the Derry game a lot better. 'We felt strong and I think performances have been getting better every week. We're getting momentum now, and that's the main thing.' Cornwall was also quick to pay tribute to Sean Grehan ahead of his return to Crystal Palace following the end of his successful loan spell. The 21-year-old left Bohs in 2023 to join the Premier League club and was loaned back this season where he enjoyed a hugely impressive run in the side. Cornwall, who returned to Bohs himself last year after time in America, was at the Gypsies during Grehan's first spell in the side. He said: 'He was only a young fella. Seanie's been excellent. He's only 21 and it's mad that he's done what he's done. He's going to be a big loss. 'I was only chatting to Wardy the other day about how he passes the ball. Some players just hit it differently and he and Danny Mandroiu can fire a ball. 'But we've Leigh Kavanagh there and he's probably going to be away as well in the next couple of years, and you have Alex Lacey coming back. So we have a strong defence.' Get the latest sports headlines straight to your inbox by signing up for free email.
Yahoo
10 hours ago
- General
- Yahoo
Teen paddleboarders rescued in fading light
Two teenagers on a paddleboard have been rescued after getting into trouble off the Cornish coast, rescuers say. Looe RNLI was alerted about the stranded teenagers off Downderry at 20:57 BST on Saturday after onlookers reported seeing them waving their paddles "in distress". Once at the scene, Looe RNLI said it found two teenagers a "fair way out to sea and unable to return to shore in the fading light". An RNLI spokesperson said the pair were taken back to the lifeboat station to warm up and await the arrival of their parents. More news stories for Cornwall Listen to the latest news for Cornwall Follow BBC Cornwall on X, Facebook and Instagram. Send your story ideas to spotlight@ Fowey to receive fastest class of lifeboat 'You build up an enormous bond with your boat' RNLI
BBC News
10 hours ago
- General
- BBC News
Teen paddleboarders rescued in fading light off Downderry
Two teenagers on a paddleboard have been rescued after getting into trouble off the Cornish coast, rescuers say. Looe RNLI was alerted about the stranded teenagers off Downderry at 20:57 BST on Saturday after onlookers reported seeing them waving their paddles "in distress". Once at the scene, Looe RNLI said it found two teenagers a "fair way out to sea and unable to return to shore in the fading light".An RNLI spokesperson said the pair were taken back to the lifeboat station to warm up and await the arrival of their parents.
BBC News
11 hours ago
- General
- BBC News
TV chef Rosemary Shrager starts 450-mile charity bike challenge
TV chef Rosemary Shrager has begun a 450-mile bike challenge to raise money for food poverty 74-year-old started her journey on Sunday at Land's End in Cornwall and plans to cycle through Devon, Somerset, Dorset, Wiltshire, Hampshire and West Sussex to reach the White Cliffs of Dover in Kent by 18 is aiming to raise at least £100,000 for the Hendry Foundation, which will give all of the money received to food poverty and food welfare charities in the south of chef said: "I visited a foodbank in Hastings and I was really, really upset and I thought, 'this is not fair, we need to do something to help'." The chef, who had to relearn how to ride a bike for the challenge, said: "I've been wanting to do this cycle challenge for more than five years and at last I have found a wonderful group of people who believe in me."It has been quite a journey so far, but I'm proud to be doing this challenge for such a worthy cause that is so close to my heart."On designated rest days, Shrager will do live cooking demonstrations and give talks, including at Kingstanding Business Park in Tunbridge Wells on 16 will also be visiting charities that will benefit from her Two Wheels for Meals fundraiser. Rebecca Hendy, chairperson and trustee of the Hendy Foundation, said Shrager's determination was "truly inspiring"."It's wonderful to see her so committed to making a difference to such an important cause that sadly affects millions of people," she has featured in cookery shows and reality TV programmes, including Ladette to Lady, The Real Marigold Hotel, Royal Upstairs Downstairs and I'm a Celebrity... Get Me Out Of Here!.Since it launched, the Hendy Foundation has given more than £350,000 to almost 250 charities in communities local to Hendy Group car dealerships across Devon, Dorset, Wiltshire, Hampshire, West Sussex, East Sussex, Surrey and Kent.
