Bastards.

"George Osborne, the Chancellor, will announce that the level at which inheritance tax becomes payable will be frozen at £325,000 until at least 2019 to fund reform of the social care system...Before the election, the Conservatives had pledged to increase the inheritance tax limit to £1 ?million."

http://www.telegraph.co.uk/finance/personalfinance/consumertips/tax/9861439/David-Cameron-abandons-inheritance-tax-pledge.html

Hmm, interesting...