A farmer dies in April 2026.
His son inherits the farm. The farm has been in the family since 1847.
The farm consists of: 300 acres of grazing pasture, a farmhouse built in 1892, a barn, a milking parlour, two tractors of varying ages, a Land Rover that runs about 70% of the time, and a herd of 180 Hereford-cross cattle.
On paper, the farm is worth approximately £3.2 million. This is because land near him has been bought recently by a London hedge fund looking for carbon credits, which has dragged the comparable value of every field within forty miles upward to a number nobody local can justify.
In cash, the farm produces a profit of about £28,000 a year in a good year. In a bad year it loses money. The son also works as a fencing contractor three days a week to keep the operation viable.
The inheritance tax bill on a £3.2 million estate, even at the reduced 20% rate, comes to approximately £140,000 after the increased threshold is applied. The son does not have £140,000. The son has never had £140,000. The son has £4,200 in his current account and an overdraft.
The son sells 60 acres to a developer to pay the tax. The developer puts solar panels on the 60 acres. The remaining herd cannot be sustained on the reduced land. The herd is sold. The barn becomes a holiday let.
A different family eats Brazilian beef this Christmas without knowing why the price went up.
The Treasury collects £140,000.
The land never produces British food again.
Bangor 1876 FC lost 5-1 to Flint Town Utd in the Welsh Cup yesterday so their chairman decided to have a night out on the beers. And ended up getting arrested 😭🏴
At Rangers, there was a long-standing rule going back to the 1950s. Players were expected to arrive at every training session wearing a suit and tie.
“As a teenager, dressing smart was the last thing on my mind. You would have struggled to see me in a jacket even on a Sunday. Paul Gascoigne decided to do something about that. He took me to one of the most expensive tailors in Glasgow and told me to choose seven or eight suits.
He explained that the tailor had a deal with the club. Players could pick as many suits as they needed, with the cost spread across the season and taken from their wages in monthly payments. It sounded ideal, so I went all in. Suits, shirts, ties. When we reached the counter, the bill came to around £10,000.
Only later did I learn the truth. There was no deal at all. Paul had made the whole thing up and paid for everything himself. No fuss, no expectation, just because he wanted to help me out.”
That is the side of Paul Gascoigne most people never hear about. A genuinely kind and generous man who always looked out for others.
WOW! He was absolutely gorgeous, wasnt he. If only #RichardBurton would quote Shakespeare to me in that voice. Lucky Elizabeth. My knees have gone 'all unneccessary', as the saying goes.
One Putt!
Time for you to hole more putts in 2026.
One Putt simply guides you through all you need to know to hole more putts. Happy Christmas 🎅………..⛳️ “in”
I work often work in neighbourhoods where most who live there don’t work. While I'm up and at it at 7.30, you won't see them before 11, unless they're on the school run, in their PJs, then in their 25 plate car on pip, then straight back to bed.
Old slippers and pizza boxes are strewn about in the streets, weed hangs in the air, little kids play in gardens full of rubbish and broken trampolines. They've all got dogs, they've all got phones and everything else. I'm 50 almost, and working since before I left school is taking its toll.
On Wednesday Labour are going to fuck me, you and every other worker over again to pay for this shit show, raising other people's kids and feeding and housing an invading army of people that hate us and abuse our women.
We're fools to put up with this, history will view us as idiots if we do.
Jimmy White: “This was his best. There were three or four shots in there which under the pressure will never be repeated. The drunker he got, the calmer he got.”