LIVE UPDATES: What impact will the Chancellor's Autumn Budget have on farming?

Rachel Reeves will announce the Budget at 12:30pm. Our reporters are on the scene in London today

clock • 1 min read
LIVE UPDATES: What impact will the Chancellor's Autumn Budget have on farming?

At 12:30pm today (November 26), Chancellor Rachel Reeves will announce the Autumn Budget 2025 which has farmers on the edge of their seats waiting to see what she has in store for the industry.

Many have urged the Government to raise the Inheritance Tax threshold which currently sits at £1 million, so that smaller farms will not be impacted. Ministers have said, however, that no APR and BPR changes will be made, and at the recent CLA conference Farming Minister Dame Angela Eagle said, ‘we are where we are on that one and we have got to look forward', and the industry must move on. 

Now farmers gather outside Westminster awaiting the announcement. 

READ MORE: What can farmers expect from the Autumn Budget 2025?


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Rachel Reeves leaves Downing Street, making her way to the House of Commons

The Chancellor has left Downing Street with her red box. She will now make her way to the House of Commons, where she will deliver the Budget. 

During her departer, farmers gathered to boo her and sound their horns.  

During Prime Ministers Questions, opposition leader Kemi Badenoch criticises the decision's of Rachel Reeves by pointing out the farmers protests outside. 

 

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