Defra Secretary says Government's commitment to farmers 'remains steadfast' after Budget anger

Alex Black
clock • 2 min read
Defra Secretary says Government's commitment to farmers 'remains steadfast' after Budget anger

Defra Secretary Steve Reed has insisted the Government's commitment to farmers remains steadfast, following anger from the farming community, industry organisations and opposition politicians over changes to Agricultural Property Relief (APR) in the Autumn Budget.

Writing in The Telegraph, Mr Reed said the Labour Government has committed £5 billion in the agricultural budget over the next two years.

READ NOW: Autumn Budget 2024: What do farmers need to think about?

"As part of that, we have allocated the biggest ever budget for sustainable food production and nature's recovery in our country's history," he said.

Farming support

He added he was also ‘rapidly releasing' support for farmers affected by flooding.

"The Conservatives left this country in a mess, with a £22 billion blackhole in our nation's finance. Fixing that means we must face some difficult choices, but we will do it fairly," he said.

READ NOW: Autumn Budget: APR overhaul garners furious response from farming industry

"I am not prepared to let our public services continue to crumble while the wealthy buy up huge estates robbing young farmers of their dreams, just to avoid paying their taxes.

"This is scandal."

He acknowledged farmers' anxiety but said rural communities needed a better NFU, affordable housing and public transport.

He claimed only the richest estates would be asked to pay.

Inheritance Tax

"Look at the detail and you will see that the vast majority of farmers will not be affected at all.  They will be able to pass the family farm down to their children just as previous generations have always done," he said, adding it was a ‘fair and balanced approach'.

However, the farming organisations have suggested the Government's figures are incorrect and many more farms will be affected than claimed.

He accused the Conservatives of backing ‘wealthy tax avoiders' instead of supporting plans to fix the economy.

READ NOW: In your field: James and Isobel Wright - "Those in rural Britain can actually define what a 'working person' is"

"Our Labour Government will never forget that farmers are the beating heart of our great country. It is their hard work that puts food on our tables and stewards our beautiful countryside."

WATER ABSTRACTION LICENCES FOR SALE

WATER ABSTRACTION LICENCES FOR SALE

VIEW ADVERT
£POA

BNG National Habitat Bank Creation & Unit Sales

BNG National Habitat Bank Creation & Unit

VIEW ADVERT
£POA

FARM LOANS & RE-MORTGAGES

FARM LOANS & RE-MORTGAGES

VIEW ADVERT
£POA

More on Politics

EXCLUSIVE - Caroline Voaden: "How many more businesses will go under before this veterinary agreement gets over the line?"

EXCLUSIVE - Caroline Voaden: "How many more businesses will go under before this veterinary agreement gets over the line?"

South Devon MP Caroline Voaden writes on the Government's failure to sign a new veterinary agreement with the EU, how Brexit has made life more harder for agri-food businesses, and why rejoining the customs union would be beneficial for farmers

Caroline Voaden
clock 17 September 2025 • 3 min read
Agricultural chaplain helps to give farmers a voice on Inheritance Tax in Defra meeting

Agricultural chaplain helps to give farmers a voice on Inheritance Tax in Defra meeting

Graham Miles, agricultural chaplain for Suffolk, had helped to facilitate a meeting between farmers and Defra to discuss how Inheritance Tax had impacted the health and wellbeing of farmers

clock 17 September 2025 • 5 min read
Agricultural dealerships under pressure as farmers cutback investment due to Inheritance Tax changes

Agricultural dealerships under pressure as farmers cutback investment due to Inheritance Tax changes

Has proposed changes to Inheritance Tax placed farmers in a position where they simply do not have the capital nor the desire to invest on-farm due to economic uncertainty? What impact has this had on machinery dealerships like Rea Valley Tractors which recently entered administration?

clock 16 September 2025 • 6 min read