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

 

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

Lantra Strong Skills, Safer Farms

Lantra Strong Skills, Safer Farms

VIEW ADVERT
£POA

More on Politics

Farmers feel 'vilified' on climate change

Farmers feel 'vilified' on climate change

The Climate Change Committee said Scotland may have to reduce cattle and sheep numbers by 2045 to reach net zero, but farmers have argued they are playing their part to reduce emissions and support the environment

clock 14 June 2025 • 5 min read
Gamekeepers recognised for crucial role in preserving upland landscapes

Gamekeepers recognised for crucial role in preserving upland landscapes

A new study said gamekeeping has a vital economic, environmental, and social role in shaping moorlands across England

clock 14 June 2025 • 4 min read
OPINION: Farm profitability – While the Government pats itself on the back, confidence plummets

OPINION: Farm profitability – While the Government pats itself on the back, confidence plummets

Head of news and business Alex Black discusses the latest total income from farming figures

Alex Black
clock 13 June 2025 • 1 min read