IHT draft legislation: M&S worried policy could 'discourage' new entrants

Could young farmers walk away from the sector due to IHT?

Chris Brayford
clock • 2 min read
Steve McLean, head of agriculture & fisheries at M&S, said: "They [new tax changes] will be a deterrent for young people coming into the industry."
Image:

Steve McLean, head of agriculture & fisheries at M&S, said: "They [new tax changes] will be a deterrent for young people coming into the industry."

An industry without new entrants and young farmers could be a 'disaster' for farming if taxation reliefs are taken away, a retailer has warned. Steve McLean, Marks and Spencer's head of agriculture...

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

Defra urged by Labour MPs to boost drought resilience for farms

Defra urged by Labour MPs to boost drought resilience for farms

Norfolk's Ben Goldsborough leads call for more reservoirs, better communication and flexible abstraction rights

Jane Thynne
clock 01 August 2026 • 2 min read
Government faces backlash over peatland wildfire policy

Government faces backlash over peatland wildfire policy

The Countryside Alliance has accused the UK government of worsening wildfire risks by continuing to ban heather burning on deep peat

Rachael Brown
clock 30 July 2026 • 2 min read
Opinion: Liz Staley - Ensuring farming support reaches farmers and delivers value for taxpayers

Opinion: Liz Staley - Ensuring farming support reaches farmers and delivers value for taxpayers

Cumbrian farmer Liz Staley reflects on the Sustainable Farming Incentive

Liz Staley
clock 25 July 2026 • 4 min read