Chancellor Rachel Reeves

Meadow, First Milk, Dunbia and Frontier Agriculture have joined several supermarkets in showing their support for farmers over IHT proposals

The Office for Budget Responsibility (OBR) has released further information on costings for the Inheritance Tax policy proposed in the Autumn Budget

Victoria Atkins said the Chancellor's proposed changes to Inheritance Tax for farms was aimed at breaking a 'careful tax policy' which protected family farms

Co-op joins Morrisons, Booths, Asda, and Tesco to show farmers support over proposed changes to Inheritance Tax in the Chancellor's Budget

Lidl joins Morrisons, Booths, Asda, Tesco and industry processors to show its support for farmers following the Chancellor's proposed changes to Inheritance Tax in the Autumn Budget

Morrisons' head of agriculture Sophie Throup said the retailer had been raising farmers' concerns over IHT with Government since November 2024

In today's Farming in Five, chief reporter Rachael Brown reports on the confirmed case of foot-and-mouth disease in Germany. Meanwhile, the Efra Committee has called for an inquiry into animal and plant health which will focus on biosecurity at the border. The National Pig Association hopes the inquiry will apply pressure on the relevant Government departments to ‘effect the change so desperately needed.’ Elsewhere, Morrisons becomes the first supermarket to show public support for farmers in the fight against proposed changes to Inheritance Tax.

Speaking at Oxford Farming Conference, Defra Secretary Steve Reed said: "I am sorry that some of the action we have to take shocked you in turn, but stable finances are the foundation of the economic growth"

CAAV secretary and adviser Jeremy Moody said: "Our calculations point to the first decade of the proposed policy ending with 89,500 farming taxpayers liable for Inheritance Tax on their farm assets"