Rachel Reeves has warned farmers preparing to take part in a mass anti-government protest that there will be no U-turn on controversial changes to inheritance tax rules. The chancellor announced in last month’s Budget that farms worth more than £1 million which are handed down to a family member after the owner dies will be subject to 20% inheritance tax rather than zero,

The government wants farmers to pay the tax on assets above £1m apiece at a reduced rate of 20 per cent. The allowance comes on top of the £500,000 a typical homeowner gets if they leave their home to their children or grandchildren, so a married couple can shelter up to £3m from HMRC, a sum which will exclude most farms.

Starmer's farmer-alarmer in the Budget could crystalise anger over ministers’ perceived ignorance about agricultural life.

First unveiled in chancellor Rachel Reeves ’s Budget, the plans to impose inheritance tax on farms worth more than £1m have sparked fury among rural communities, who have contested the government’s assertion that small family farms will not be impacted by the changes.

Farmers will pile into central London this weekend for what's expected to be the biggest protest the Labour government has faced so far.

A Sussex farmer feels land is ‘being pulled from beneath our feet’ – and is fearful for the future – after the government’s decision to cut farms’ inheritance tax relief.