Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Farmers protest inheritance tax changes as ministers unveil food supply plans

by
November 18, 2024
in Top News
0
Farmers protest inheritance tax changes as ministers unveil food supply plans
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The government has outlined contingency measures to ensure supermarket shelves remain stocked amid potential farmer protests over inheritance tax reforms. However, ministers reassured the public that food supplies will not be disrupted, even as tensions rise within the agricultural community.

Farming leaders have warned of deep unrest, labelling the policy change a “betrayal” of rural communities. They stopped short of endorsing strike action but acknowledged mounting frustration over the government’s decision to impose inheritance tax on farms valued over £1 million.

Addressing concerns, farming minister Daniel Zeichner urged calm. “The vast majority of farmers will not be affected,” he told the BBC. “Treasury figures indicate fewer than 500 farms a year are likely to fall within the scope of the tax. I encourage everyone to seek advice, as each case is unique.”

The reforms, which ministers argue will primarily impact the wealthiest estates, have triggered backlash from farmers who fear the policy could threaten family-run farms. Up to 20,000 farmers are expected to descend on Westminster to voice their discontent.

While defending the government’s stance, transport secretary Louise Haigh praised farmers for their contributions to the economy and food security. She described the changes as “fair and proportionate” and noted that the tax rate for affected farms is significantly lower than standard inheritance tax thresholds.

Haigh reassured consumers that the government prioritises food security, revealing that contingency plans are in place to mitigate potential disruptions. “We will work closely with farmers and the supply chain to safeguard food availability,” she stated.

Farmers, meanwhile, have staged protests, including a recent demonstration outside the Welsh Labour conference attended by Sir Keir Starmer. Some have even proposed withholding produce from retailers to highlight the country’s reliance on domestic agriculture.

Tom Bradshaw, head of the National Farmers’ Union, stressed that his organisation does not condone such measures. “Emptying supermarket shelves is not an NFU tactic,” he said. “However, I understand the depth of feeling among farmers. They feel betrayed by a government that once promised no inheritance tax on farmland.”

Bradshaw called the policy a threat to food security, citing government figures that indicate a significant number of farms producing the UK’s food exceed the £1 million threshold. “This move undermines the very industry tasked with securing our nation’s food supply for the future,” he added.

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Introducing KDS 2.0: Lightspeed’s Revolutionary Solution for Effortless Kitchen Management

Introducing KDS 2.0: Lightspeed’s Revolutionary Solution for Effortless Kitchen Management

Recommended

BPH Energy LimitedPEP11 Offshore Petroleum Joint Venture Update

BPH Energy LimitedPEP11 Offshore Petroleum Joint Venture Update

March 18, 2025
Art Jakarta’s steady growth: a bigger venue, more visitors

Art Jakarta’s steady growth: a bigger venue, more visitors

October 8, 2024
Nextech3D.ai: Disrupting the Global Events Management Industry with AI and Blockchain

Nextech3D.ai: Disrupting the Global Events Management Industry with AI and Blockchain

November 5, 2025
Unleash the Power of BPI: The Key to Boosting Your Investment Returns

Unleash the Power of BPI: The Key to Boosting Your Investment Returns

February 21, 2025
Tom Weir Mountain Garden in Balmaha Thrives Thanks to Dedicated Volunteers

Tom Weir Mountain Garden in Balmaha Thrives Thanks to Dedicated Volunteers

November 21, 2024
Weak economic growth to persist in near term

Weak economic growth to persist in near term

September 24, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

    NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

    March 14, 2026
    Cartier Cuts 7.1 g/t Au over 8.0 m at Portal ; New Shallow High-Grade Gold Zone Discovered

    Cartier Cuts 7.1 g/t Au over 8.0 m at Portal ; New Shallow High-Grade Gold Zone Discovered

    March 14, 2026
    Crypto Market Update: Iran War Drives Oil Derivatives Boom on Crypto Exchange

    Crypto Market Update: Iran War Drives Oil Derivatives Boom on Crypto Exchange

    March 12, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved