Skip to content
Search
AI Powered
Latest Stories

Ministers prepare contingency plans as farmers threaten food supply over Inheritance Tax

food supply

Farmers have warned they have "nothing to lose", campaigners have warned, amid fears grow that parts of the farming industry may disrupt food supplies in protest against the Government's inheritance tax policy while ministers are reportedly preparing contingency plans to ensure stores shelves remain stocked.

Industry officials are closely monitoring the escalating tensions and are expected to meet with government representatives this week to assess the potential impact of any action, The Telegraph reported on Sunday (17). This comes ahead of a planned rally on Tuesday (19), where as many as 20,000 farmers are set to converge outside Parliament to protest a 20 per cent tax on inherited agricultural land valued at over £1 million.


Campaign groups cautioned on Sunday that failure to negotiate a resolution could see more radical factions resort to drastic measures, such as blockading ports, airports, and railway lines.

The threat has raised concerns about empty supermarket shelves this winter and risks bringing back memories of disruption last seen at the start of the Covid pandemic, when people stockpiled food at home.

However, Environment Secretary Steve Reed has dismissed the possibility of a policy reversal. Writing in The Telegraph, he urged farmers to “check the facts” and defended the Government’s stance.

In a further attempt to defuse tensions, one minister called for calm, while a Labour MP suggested dissenting farmers had been misled by powerful landowners. With the protest looming and supply chains under threat, the Government faces mounting pressure to address the growing unrest within the farming community.

Prime minister Sir Keir Starmer, who is currently attending the G20 summit in Brazil, defended the Government’s Budget, highlighting a record £5 billion investment in farming. Speaking to reporters aboard a flight to Rio de Janeiro, he acknowledged concerns over the controversial inheritance tax but sought to reassure farmers.

“Obviously, there’s an issue around inheritance tax, and I do understand the concern,” Starmer said. “But for a typical case—parents with a farm they want to pass on to one of their children—by the time you account for exemptions on the farm property, spouse-to-spouse transfers, and parent-to-child allowances, there’s £3 million before any inheritance tax applies. That’s why I am absolutely confident the vast majority of farms and farmers will not be affected by this.”

The National Farmers’ Union (NFU) has publicly urged its members not to strike, but some farmers are threatening action. Clive Bailye, one of the organisers of Tuesday’s protest, said he would not condone direct action but warned some farmers could take matters into their own hands.

“If they really got their act together, they could block entire train tracks and ports. English farmers are a bit more Queensberry Rules than the French, they don’t want to punish the public. I could see things like ports or airports being disrupted if the Government really does dig in, that is what we are going to see over the winter.”

Meanwhile, Andrew Opie, director of food and sustainability at the British Retail Consortium, said, “Retailers are closely monitoring the impact of the potential interventions, including strikes, but are adept at dealing with disruption and are working hard to ensure customers aren’t impacted.”

More for you

festive season
Representative iStock image
Getty Images/iStockphoto

'Tricky' season ahead as shoppers' preferences shift


According to a new Accenture research, price remains a significant factor in spending decisions this festive season, with nearly two-thirds of Brits (62 per cent) maintaining or reducing their budget compared to last year,

Keep ReadingShow less
Christmas Shopping
Photo: iStock

Festive shopping starts early this year, but affordability remains a key concern: EY survey

UK consumers have started their holiday shopping earlier this year, driven by a desire to spread out their spending and find the best value gifts. However, the cost-of-living crisis continues to have an impact on spending over the festive season, with many shoppers worried about how they will finance their holiday purchases, according to the latest EY Holiday Shopping Survey.

The EY survey, which polled 1000 UK consumers on their views and attitudes towards the upcoming holiday sales season, revealed that while 64 per cent of UK consumers enjoy sales events like Black Friday and Boxing Day, an equal percentage will only buy on sale to stay within budget.

Keep ReadingShow less
Olive oil prices to drop

Olive oil prices to drop

The world’s largest olive oil producer, Deoleo, has predicted a significant drop in olive oil prices, offering relief to households battered by years of rising food costs.

The Spanish company, which owns major brands including Bertolli and Carapelli, announced that the worst of the weather-driven crisis affecting the olive oil industry appears to be over. Deoleo forecasts that prices could halve in the coming months, following a record high caused by droughts and other climate-related challenges.

Keep ReadingShow less
iStock 1198532577
Photo: iStock

'Most shoppers want personalised schemes as appetite for offers grows'

Shoppers are becoming increasingly discerning when it comes to winning their loyalty with most now expect offers to be personalised while appetite for offers has grown over the last 12 months, shows a recent survey's findings.

In a new research from American Express, the survey of both UK consumers and retail decision makers reinforced that generic offers and incentives are not enough to win over new customers, and don’t positively impact long term loyalty.

Keep ReadingShow less
iStock 1137402716
iStock image

Shoppers save on grocery essentials ahead of Christmas

Shoppers are saving on grocery essentials to be able to afford treats and indulgences during Christmas while the festive time is expected to see a boost in sales of premium private label food and drink as more people "dine at home" , shows recent industry data.

According to total till data from NIQ, sales growth in UK stores stores slowed to 4.0 per cent in the four weeks ending 2nd November, down from a 4.7 per cent rise in the previous month. The research firm suggested that this is likely due to shoppers holding back their spending in anticipation of Black Friday at the end of the month and the upcoming Christmas festivities.

Keep ReadingShow less