Farmers protest in London over 'tractor tax'

SOURCE www.foxnews.com
Farmers in central London protest against the government's decision to end an exemption from inheritance tax for agricultural families, leading to concerns about the future of family farms and food production.

Key Points

  • Farmers block streets in central London with tractors in protest
  • Inheritance tax policy change to take effect in 2026
  • Government faces escalating protests by farmers

Pros

  • Government aims to boost funds for public services
  • Support for rural economic growth and food security

Cons

  • Farmers fear destruction of family farms and reduced food production
  • Squeezed income due to competitive supermarket sector, cheap imports, and subsidy cuts