Tom Bradshaw

In today's Farming in Five, chief reporter Rachael Brown gives a round up of the latest updates from Treasury and farming leaders on the family farm tax. She looks ahead to the NFU conference next week where the Defra Secretary will give a speech to farmers, but the Prime Minister is not expected to attend

All four UK farming unions and member organisations from across the sector are due to meet with Treasury officials on February 18 to discuss the Government's proposed changes to Inheritance Tax

NFU encourages farming families to hand over pre-loved toys to Treasury to demonstrate how Inheritance Tax changes threaten their future

Speaking exclusively to Farmers Guardian at LAMMA Show, NFU president Tom Bradshaw added that farmers did not have confidence to invest in the future

NFU mass event will see hundreds of farmers take to towns and cities to show strength of feeling

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"

Tom Bradshaw highlighted the £140 billion food and drink sector is reliant on the raw product produced in the UK

NFU president Tom Bradshaw said the Government fails to recognise that the farming industry is in a ‘cash flow crisis' right now, with the ‘lowest farmer and grower confidence ever recorded'

NFU president Tom Bradshaw said without a ‘resolution’ on Inheritance Tax, the issue is likely to continue to ‘hang over the industry’ in 2025, preventing British agriculture moving forward

"We are calling on the Chancellor to meet and run a formal consultation, to find a solution that will protect the long-term interests of family businesses and farms and, crucially the jobs and investment they provide"