investment

Jason Hollands, of wealth management firm Evelyn Partner, said another area that could be subject to an 'overhaul' was the lifetime gifting regime

Funding sought by livestock farmers for the roofing capital option RP28 to assist with compliance in reducing water pollution for silage stores and livestock manure storage areas was now ‘less' under the new caps

Vale of York dairy farmer and NFU Dairy Board chair Paul Tompkins said consolidation and investment can be viewed as a ‘good thing’, but the lack of competition for milk was a ‘bad thing’ for producers

Defra Secretary Steve Reed said farmers and land managers who had been the ‘pioneers of nature-friendly farming', would now ‘finally get a fair price for their work'

Defra Secretary Steve Reed announces new policies and investment plans to help 'boost profits' for farmers

Cumbrian dairy farmer Charlotte Ashley said while more of a spotlight should be put on supermarkets and their pricing, she did not condone the recent tractor blockades outside Morrisons

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

Defra Secretary Steve Reed said ‘the vast majority of farmers would not be affected at all by the changes', and urged farmers ‘not to believe every alarming claim or headline'

Sarah Baker, AHDB head of economics, said: "These changes may encourage farmers to think about succession earlier than they would otherwise. For example, there is a seven-year rule which applies in the case of land transfers. This means that any land gifted to an individual will be free of inheritance tax after seven years."

As former NFU dairy board chair Michael Oakes embarks on a new challenge in beef, FG's chief reporter Rachael Brown speaks to him about leaving dairy and the future of the sector