Sir Keir Starmer

NFU Cymru president Aled Jones said 'around £340 million should be forthcoming from the Treasury block grant to Welsh Government for agricultural support'

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."

NFYFC's YFC agri chair Luke Cox said the proposed tax and wage changes 'threaten the continuity and viability of farm farms and rural diversification businesses'

Industry experts start to unpick what the changes to Inheritance Tax (IHT) reliefs mean for the farming sector

The Farmers Guardian news team give their analysis of the Chancellor's Budget

What do you think of Labour's budget? How does it impact your farm? Share your reaction with us

Farming industry awaits as speculation mounts around changes to Agricultural Property Relief, Inheritance Tax and fuel duty

This is a joint role between the Foreign, Commonwealth and Development Office and Defra

The growing speculation around a cut to the agriculture budget and a potential review of APR, NFU president Tom Bradshaw said was ‘incredibly concerning’