The coalition warns that removing these reliefs threatens the long-term stability of the nation's food resilience, which relies on continued investment to futureproof sustainable food production, at a time when the government has stated that food security is national security. It also highlights the barriers the changes could cause for boosting growth and productivity in the sector and tackling diet-related health issues.
NFU President Tom Bradshaw said: 鈥淲e have made our views on this awful family farm tax very clear. Now so have 57 other businesses across the food supply chain. This abhorrent policy has united farming and the whole of the supply chain like never before. How loud does the chorus of concern around the policy have to be for Treasury to listen and take action?
鈥淪crapping critical inheritance tax reliefs not only affects family-run farms, but it stands to have far-reaching consequences for the whole industry, from food processors to supermarket retailers.
鈥淔aced with a backdrop of global instability, a changing climate, high input costs and a growing global population to feed, this policy risks destabilising an industry that is vital to feeding the nation and one that supports millions of jobs. Because when one link in a supply chain, the link that is producing the raw materials, has a crisis of confidence and has already all but stopped investment, it has an impact on the whole of the industry; an impact that will eventually be felt on supermarket shelves. Is this the vision for economic growth the country was promised?
鈥淭he Chancellor has said she has seen no alternative proposals put forward, yet there have been solutions put forward by tax experts and Labour MPs. With large numbers of Britain鈥檚 biggest manufacturing sector 鈥� food and drink 鈥� against this policy, it is time for the Chancellor to heed our calls to meet to discuss options and find a way forward out of this current mess.鈥�
Signatories from the food industry include:
- NFU
- NFU Cymru
- NFU Scotland
- UFU
- 惭辞谤谤颈蝉辞苍蝉听
- 础蝉诲补听
- Marks & Spencer聽
- 奥补颈迟谤辞蝉别听
- 尝颈诲濒听
- 厂补颈苍蝉产耻谤测鈥檚听
- 罢别蝉肠辞听
- 础濒诲颈听
- 颁辞-辞辫听
- 础谤濒补听
- 惭耻濒濒别谤听
- Yeo Valley聽
- 础叠笔听
- 搁辞诲诲补鈥檚听
- County Milk聽
- Belton Farm聽
- Paynes Dairy聽
- Organic Herd聽
- Long Clawson聽
- 搁础叠顿贵听
- 笔罢贵听
- Dairy UK聽
- First Milk聽
- 惭别补诲辞飞听
- 颁辞迟迟别蝉飞辞濒诲听
- 顿耻苍产颈补听
- 碍别辫补办听
- Pickstock (Telford)聽
- Myton Food Group聽
- 颁谤补苍蝉飞颈肠办听
- Dovecote Park聽
- 2 Sisters Food Group聽
- Puffin Produce聽
- Castell Howell聽
- Foyle Food Group聽聽
- C&J Meats聽
- WD Meats聽
- Hewitt Meats聽
- Pembrokeshire Creamery聽
- 尝别辫谤颈苍辞听
- South Caernarfon Creameries聽
- Laeth y Llan Cyf/Village Dairy聽聽
- Calon Wen Dairy聽
- Crediton Dairy聽
- Bawnbua Foods NI聽
- 狈滨惭贰础听
- Dale Farm聽
- Fane Valley聽
- Ready Eggs聽
- Northern Ireland Food and Drink Association聽
- Pilgrims