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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.
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25 Articles

FOX 28 SpokaneFOX 28 Spokane
+5 Reposted by 5 other sources
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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

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  • 42% of the sources are Center, 42% of the sources lean Right
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kamcity.com broke the news in on Wednesday, January 22, 2025.
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