Labour warned of the 'end of family farms' after inheritance tax raid: 'Give less to the train drivers!'

However, farmers across Britain will express their fury at the changes in a mass protest and lobby of MPs on November 19 in Westminster.

Speaking to GB News, family farmer James Wright told host Emily Carver that many farms will be "forced to sell" between generations to avoid the "unaffordable" inheritance tax.

Delivering his verdict on the tax raid, Wright explained: "The majority of family farms, they'll have to sell when it comes to passing it between generations.

"But it's not just that, it was a very un-farm friendly Budget in general. And really could quite well be the end of family farming in the UK."

Criticising the Chancellor's decision and her reasons for doing so, Wright claimed that the Labour Government have "got their sums wrong", and his own family farm will "not be able afford the tax" in his lifetime.

Wright told GB News: "They've got their sums wrong. This farm is 160-acres, but it's worth well over the threshold. That inheritance tax would have to be paid.

"And frankly, in my lifetime, we will not make that much money to be able to pay it."

LATEST DEVELOPMENTS:

• Boris Johnson backs farmers’ protest over inheritance tax hike - ‘Really dumb!’
• Olly Harrison left 'gobsmacked' by Inheritance Tax hike
• 'Block every port!' Rebel farmers threaten to 'starve supermarkets' after Reeves' inheritance tax raid

Expressing concern for the many family farms who will suffer as a result of the tax raid, Wright highlighted that the largest estates will be able to "dodge the tax" as they "have the money to do so".

Wright fumed: "70 per cent of the UK is farmed, and the majority of that is done by family farms. Actually, there are very few large estates and they'll dodge the tax anyway because they've got the money.

"It's the family farmers like me who will lose out, and that's the real worry."

When asked if he will be travelling from his farm in Devon to join the mass protest in London on November 19, Wright confirmed: "Absolutely, I'll be there. There'll be people up and down the country, not just farmers, but, rural tradesmen, people that work in the rural community there as well.

"It's really important that we share with Labour that we're not happy, and that this is not the way to treat the countryside."

When asked if he has a specific message for Rachel Reeves and Prime Minister Sir Keir Starmer ahead of the protest, Wright concluded: "The change in agricultural property relief generates £520million.

"Why don't you give a little bit less to the train drivers and give it family farms?"