Farm inheritance tax plan has put Britain’s food security at risk, says Tesco
- Tesco, Aldi, and Lidl support British farmers against government tax changes in the budget, raising concerns about food security and investment in agriculture.
- The Office for Budget Responsibility warned that the new inheritance tax could lead farmers to reduce investment, impacting the agricultural sector's future.
- Chancellor Rachel Reeves announced that farms worth over £1 million will incur a 20% inheritance tax starting April 2026, which farmers claim could threaten their businesses.
- Farmers plan protests across the UK to oppose the tax changes, emphasizing the potential negative effects on food prices and rural economies.
25 Articles
25 Articles
Farm tax raid has put Britain's food security at risk, says Tesco
Rachel Reeves's tax raid on farmers is putting Britain's food security at risk and must be paused, Tesco has warned. Britain's biggest supermarket said the Chancellor should halt the introduction of inheritance tax on farms worth more than £1m in order to safeguard British agriculture. Ashwin Prasad, Tesco's chief commercial officer, wrote in a blog: "This is not just a debate about individual policies - the UK's future food security is at stake…

Tax change sows anger on England farms
In a field in southwest England where his dairy cows graze, Adam Stanbury said he feared the government's new farm tax, coupled with existing economic headwinds, will ruin his family business and many others. The 55-year-old, the third generation to farm this land near Barnstaple in Devon, last month joined hundreds of other farmers in


Farmers welcome supermarkets’ backing in fight against inheritance tax changes
Tesco and Lidl are among the retailers voicing concerns over the policy, which will end the 100% exemption from inheritance tax on wealthier farms.
Tesco warns inheritance tax raid on farmers has put Britain's food security at risk
Tesco has joined other major supermarkets in warning that Labour's inheritance tax raid on farmers threatens Britain's food security.Ashwin Prasad, Tesco's chief commercial officer, backed calls for a pause in the controversial Budget measures, saying farmers "desperately need more certainty."The retail giant has aligned with Sainsbury's, Asda and Morrisons in supporting farmers' opposition to the tax changes."With many smaller farms relying on …
Coverage Details
Bias Distribution
- 42% of the sources are Center, 42% of the sources lean Right
To view factuality data please Upgrade to Premium