No Result
View All Result
Success American Investors
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Success American Investors
No Result
View All Result
Home Investing

Farmers protest inheritance tax changes as ministers unveil food supply plans

by
November 18, 2024
in Investing
0
Farmers protest inheritance tax changes as ministers unveil food supply plans
0
SHARES
0
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.

Read more:
Farmers protest inheritance tax changes as ministers unveil food supply plans

Previous Post

The $100 Trillion Global Debt Bomb and Financial Shock Risk.

Next Post

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

Next Post

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

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

February 14, 2024

Last Day to Give in 2023!

December 31, 2023
Idaho Bucks Managed Care Trend

Idaho Bucks Managed Care Trend

December 5, 2023

The Producer Price Index

September 9, 2023

AIXA Miner Launches App-Based Cloud Mining as Next Phase of Crypto Evolution

0

0

0

0

AIXA Miner Launches App-Based Cloud Mining as Next Phase of Crypto Evolution

June 30, 2025
Lotus denies plans to close Hethel factory amid US expansion talks

Lotus denies plans to close Hethel factory amid US expansion talks

June 29, 2025
Government urges supermarkets to make healthy food more appealing in bid to tackle obesity crisis

Government urges supermarkets to make healthy food more appealing in bid to tackle obesity crisis

June 29, 2025
Top university degrees lose sway as tech employers prioritise job-ready skills

Top university degrees lose sway as tech employers prioritise job-ready skills

June 29, 2025

Recent News

AIXA Miner Launches App-Based Cloud Mining as Next Phase of Crypto Evolution

June 30, 2025
Lotus denies plans to close Hethel factory amid US expansion talks

Lotus denies plans to close Hethel factory amid US expansion talks

June 29, 2025
Government urges supermarkets to make healthy food more appealing in bid to tackle obesity crisis

Government urges supermarkets to make healthy food more appealing in bid to tackle obesity crisis

June 29, 2025
Top university degrees lose sway as tech employers prioritise job-ready skills

Top university degrees lose sway as tech employers prioritise job-ready skills

June 29, 2025

Disclaimer: SuccessAmericanInvestors.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.