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

 

More on Politics

Scottish farmers deliver letters to MPs on IHT ahead of the Autumn Budget

Scottish farmers deliver letters to MPs on IHT ahead of the Autumn Budget

All 37 Labour MPs have received letters calling on them to urgently urge the UK Treasury to change their proposed changes to Inheritance Tax (IHT)

Alex Black
clock 21 November 2025 • 2 min read
EXCLUSIVE - Lizzie Hacking: "I met farmers battling not just the elements, but the brutal realities of war"

EXCLUSIVE - Lizzie Hacking: "I met farmers battling not just the elements, but the brutal realities of war"

Conservative Rural Forum chair Lizzie Hacking has written about her recent visit to Ukraine, the challenges Ukrainian farmers face fighting Russia's Vladimir Putin, and why the UK Government should extend tariff-free access for Ukrainian poultry and egg meats until 2029

Lizzie Hacking
clock 21 November 2025 • 3 min read
Government urged not to leave off-grid rural households behind in the Budget

Government urged not to leave off-grid rural households behind in the Budget

Calderdale-based heating oil supplier asks that rural off grid households are included in any proposed VAT cuts on domestic energy bills

clock 21 November 2025 • 3 min read