UK Conservative leader Kemi Badenoch to propose inheritance tax cuts in party conference speech

Kemi Badenoch, leader of the UK's Conservative Party, is reportedly preparing to announce cuts to inheritance tax in her speech at the party's annual conference in Birmingham. The proposals under consideration include lowering the 40% tax rate or raising the threshold, with part of the cost funded by welfare cuts. Badenoch has said reducing the tax is morally right to prevent double taxation. Shadow Chancellor Andrew Griffith confirmed the long-term goal to remove the tax but stressed the need for fiscal responsibility. The conference also features pledges on welfare, prisons, and childcare as the party seeks to rebuild after its 2024 electoral defeat.