Succession Planning

Sophie Burgoyne, 27 from Church Stretton, Shropshire, is a solicitor for Lanyon Bowdler

Farming families urged to be more like the England football team and come together for one shared aim

Support payments are gone, tax rules have changed, and energy costs have doubled since 2019, but Cereals 2026 speakers say the farmers who adapt early will be the ones who thrive

Succession planning needs to move away from being a fear-inducing conversation to instead a long-term strategic planning one, says the Succession Alliance

Expert warns early succession planning will be key to negotiate Chancellor's changes to Inheritance Tax rules

As the recent Farm Business Income revealed, the loss of the Basic Payment Scheme (BPS) has hit farmers hard. For many diversification could be the answer

Management group formed to deal with key financial issues

Succession planning, strategic clarity and sharper scrutiny of business performance are set to be the priorities for farmers and landowners in 2026

Figures from NFU Mutual show that almost 18% of farmers said it was important to put plans in place for the future of their business but added they had done nothing about it. A further 32% said they did not believe drawing up a plan was relevant or important to them