Starmer emphasized that the new inheritance tax changes will exempt the majority of farmers while aiding in the fight against wealthy investors crowding out agricultural land.
The Labour analysis revealed that non-farmers accounted for over half of farmland purchases by last year, highlighting a significant shift affecting local farmers.
Starmer acknowledged protests from farmers but maintained that the government’s measures would ultimately support rural communities by asking wealthy estates to contribute more.
As agricultural land usage decreases, Starmer noted the importance of ensuring agricultural land remains productive instead of being sidelined by wealthy investments.
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