Lack of investment in farming down to profitability not Inheritance Tax changes,says Defra Secretary

Mr Reed said: "12,000 farms and producer businesses went bust under the last government. This is already happening. It is nothing to do with IHT. It is because the sector is not profitable

Rachael Brown
clock • 6 min read
Lack of investment in farming down to profitability not Inheritance Tax changes,says Defra Secretary

Lack of investment in the sector is nothing to do with Inheritance Tax, but about the lack of profitability in farming in the here and now, according to the Defra Secretary, Steve Reed. Defra Speaking...

To continue reading...

Already a member? Login for full access.

Login

New to Farmers Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358

 

2007 New Holland T6010

2007 New Holland T6010

VIEW ADVERT
£POA

Ex Demo New Holland TH7.32

Ex Demo New Holland TH7.32

VIEW ADVERT
£POA

New JCB 403 AGRI-PLUS Compact Wheeled Loader

New JCB 403 AGRI-PLUS Compact Wheeled Loader

VIEW ADVERT
£POA

More on Politics

Agri-environment support schemes cannot rely solely on tree planting

Agri-environment support schemes cannot rely solely on tree planting

Should agricultural support schemes go even further than focusing on tree planting to support the environment?

clock 13 July 2025 • 2 min read
Study reveals Whole Farm Plan will not work for remote farming and crofting communities

Study reveals Whole Farm Plan will not work for remote farming and crofting communities

Farmers have raised concern that changes to agricultural support payments could create an 'administrative burden' and 'financial strain' on crofting businesses in Shetland

clock 12 July 2025 • 4 min read
Farmers call for Gov to ban ultra-processed food in schools

Farmers call for Gov to ban ultra-processed food in schools

Should ultra-processed foods be banned from school menus?

clock 12 July 2025 • 2 min read