The farming community has reacted strongly to Labour’s inheritance tax changes, calling it 'catastrophic' and claiming it jeopardizes the future of British farming and food production.
Rachel Reeves argues the tax reform is necessary for financing public services, despite farmers claiming that it undermines the agricultural sector and threatens food security.
According to farmer Andrew Ward, the recent inheritance tax changes have created immense pressure on farmers, emphasizing that these changes are damaging not just economically but also to local food production efforts.
Ward warns that if the tax is not reversed, the UK might face increased reliance on food imports, compromising domestic food security.
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