Farmers are protesting in London over changes made to inheritance tax in the most recent Budget.
Leader of the Opposition, Kemi Badenoch has just denounced the proposed changes as, “cruel, unfair and will destroy farming as we know it.”
The demonstration, was attended by over 10,000 people who marched to Whitehall, included high-profile figures like TV presenter and farmer Jeremy Clarkson. Clarkson, addressing the crowd, called the policy “a very rushed last-minute decision” and urged the government to reconsider. “I think we all make mistakes, and it’s time for them to say, ‘We’ve cocked this one up’ and back down,” he said.
Farmers march in London
Prime Minister Keir Starmer has defended the policy arguing that the “vast majority” of farms will not be affected.
The policy, which was revealed in last month’s Budget, aims to make inherited agricultural assets worth more than £1 million, liable to tax at 20%.
Government estimates suggest the changes will impact the wealthiest 500 estates annually. However, the NFU and the Country Land and Business Association (CLA) estimate that up to 70,000 farms could face consequences under the revised rules.
The National Farmers Union (NFU) president, Tom Bradshaw, described the policy as “the straw that broke the camel’s back,” emphasizing the financial strain it could impose on farming families.
Speaking to City News, one of the organisers Olly Harrison argue that the current Labour government do not understand farmers’ concerns.
They don’t understand farming, they don’t understand the values and they just see us as rich land owners.
Olly Harrison, farmer and campaign organiser
Another farmer told City News that he works seven days a week and feels “betrayed” by the Government.
In a joint statement yesterday, Chancellor Rachel Reeves and Environment Secretary Steve Reed insist they remain “steadfast” in their commitment to UK farming and promise to invest.
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HeadlineThousands of farmers protest in London
Short HeadlineThousands of farmers protest in London
StandfirstThousands of farmers are protesting changes to inheritance tax announced in the recent Budget
Farmers are protesting in London over changes made to inheritance tax in the most recent Budget.
Leader of the Opposition, Kemi Badenoch has just denounced the proposed changes as, “cruel, unfair and will destroy farming as we know it.”
The demonstration, was attended by over 10,000 people who marched to Whitehall, included high-profile figures like TV presenter and farmer Jeremy Clarkson. Clarkson, addressing the crowd, called the policy “a very rushed last-minute decision” and urged the government to reconsider. “I think we all make mistakes, and it’s time for them to say, ‘We’ve cocked this one up’ and back down,” he said.
Farmers march in London
Prime Minister Keir Starmer has defended the policy arguing that the “vast majority” of farms will not be affected.
The policy, which was revealed in last month’s Budget, aims to make inherited agricultural assets worth more than £1 million, liable to tax at 20%.
Government estimates suggest the changes will impact the wealthiest 500 estates annually. However, the NFU and the Country Land and Business Association (CLA) estimate that up to 70,000 farms could face consequences under the revised rules.
The National Farmers Union (NFU) president, Tom Bradshaw, described the policy as “the straw that broke the camel’s back,” emphasizing the financial strain it could impose on farming families.
Speaking to City News, one of the organisers Olly Harrison argue that the current Labour government do not understand farmers’ concerns.
They don’t understand farming, they don’t understand the values and they just see us as rich land owners.
Olly Harrison, farmer and campaign organiser
Another farmer told City News that he works seven days a week and feels “betrayed” by the Government.
In a joint statement yesterday, Chancellor Rachel Reeves and Environment Secretary Steve Reed insist they remain “steadfast” in their commitment to UK farming and promise to invest.
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