Farmers have protested in their tens of thousands after controversial changes were made to agricultural inheritance tax and the EU-derived subsidy scheme, leading to a government initiative.
The environment secretary will announce a new deal that aims to ensure farmers are paid more fairly for their produce and become less reliant on subsidies.
Research has shown that farmers earn just 1p for every loaf of bread sold, highlighting the need for an overhaul in how farmers are compensated.
Starting in 2026, farms valued over £1 million will face a 20% inheritance tax, a change that has raised concerns among rural MPs.
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