UK’s Sunak Working on Plans to Cut Inheritance Tax, Times Says

Rishi Sunak

Photographer: Chris J. Ratcliffe/Bloomberg
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UK Prime Minister Rishi Sunak plans to reduce the nation’s inheritance tax to drum up support ahead of the next general election, The Times reportedBloomberg Terminal Saturday.

Sunak will probably announce the plans before next month’s Conservative Party conference, according to the paper. The tax talks are happening at the highest level of government, The Times reported, citing three people it didn’t identify.