Farmers are to be hit with inheritance tax after the Chancellor announced plans earlier this week to scale back agricultural relief on land up to £1million
Farmers are to be hit with inheritance tax after the Chancellor announced plans earlier this week to scale back agricultural relief on land up to £1million.
Hundreds of angry farmers will now hold a major demonstration in Whitehall in opposition to Reeves revoking farmland exemptions from death duties.
The NFU is expected to outline plans for its mass rally outside Parliament on November 19 in the coming days.
Members fear the inheritance tax grab could kill off family businesses, damage food security and set back environmental protection work.
Speaking to GB News, farmer and director at The Farming Forum, Clive Bailye, suggested that Britons may be forced to "panic buy" food if farmers "withhold produce from leaving their farms" in retaliation to the measures.
Outlining the impact such a strike could have on the country, Bailye added: "We all know how supply chains work now, how fragile they can be, and I think that could very easily lead to the kind of panic buying that we saw with fuel and we saw with toilet roll and empty shelves.
"I think most people can go longer without toilet roll than they can without food, can't they?"
