Kate is a Senior Trends Reporter at HuffPost UK, covering the day's most compelling stories. She has worked in the national news since she became a qualified journalist and was previously a reporter with Express.co.uk
announced several changes which will directly impact British farmers on Wednesday, including limiting inheritance tax relief on farms to £1 million.This means small family farms worth over that amount will struggle to pass their land down the generations from April 2026, without paying a 50% relief, and at an effective rate of 20%.
The NFU, which has 45,000 members, reminded Starmer with a damning clip on social media from last year’s conference that he had “looked farmers in the eye and said he knew what losing a farm meant”. He claimed the Budget will “snatch away the next generation’s ability to carry on producing British food, plan for the future and shepherd the environment.”The NFU chief continued: “It’s clear the government does not understand, or perhaps doesn’t care, that family farms are not only small farms and that just because a farm is a valuable asset it doesn’t mean those who work it are wealthy.
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