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

'Frustration' mounts over Defra's revolving door

'Frustration' mounts over Defra's revolving door

Farmers call for the new Farming Minister to get on farm as soon as possible

Rachael Brown
clock 16 June 2026 • 3 min read
Shake-up at Defra: What do we know about the new Farming Minister, Stephen Morgan?

Shake-up at Defra: What do we know about the new Farming Minister, Stephen Morgan?

The third Farming Minister under this Labour Government has been criticised by opposition for failing to speak out on farming issues

Rachael Brown
clock 15 June 2026 • 2 min read
Stephen Morgan appointed Minister of State for Food Security and Rural Affairs

Stephen Morgan appointed Minister of State for Food Security and Rural Affairs

Dame Angela Eagle has been made Security Minister

Alex Black
clock 12 June 2026 • 1 min read