inheritance

Pennycook said the inheritance from the previous Conservative government was "dire" but there were "very positive signs" and "green shoots coming forward" in the number of planning applications being submitted.

Elliott allegedly convinced one friend, identified only by her initials, M.C., to place inheritance money into a trust that he would establish and administer.

Under the government's planned changes, from April 2026, inherited agricultural assets worth more than £1m, which were previously exempt, will be liable to the tax at 20% - half the usual inheritance tax rate.

One teenager said she was prepared to use her inheritance to fund liposuction, while another woman said she was using her pension funds and was willing to sell their house to fund her daughter's surgery.

A farmer who challenged a minister over the inheritance tax changes said he did not think the government was listening to the industry's concerns.