chancellor

"Our chancellor in the last four months has shown more competence that the last four chancellors he had," she said.

The prime minister, health secretary and chancellor are due to meet in the next 10 days to discuss the issue.

Until now farm land has not been subject to inheritance tax but the chancellor wants to change that.

Daniel Diermeier, the chancellor of Vanderbilt University, commissioned a study — after his own school’s decline last year — that argued the rankings were problematic.

In a letter with over 200 signatories, hospitality bosses last week told the chancellor the industry was disproportionately impacted by the "unsustainable" tax hike.