Rachel Reeves dug in against farmers heading to London for large-scale protests over controversial changes to inheritance tax. The Chancellor and Environment Secretary Steve Reed issued a joint statement ahead of what was expected to be demonstrations in the capital by as many as 20,000 farmers, possibly even more, outside Parliament.

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,

Thousands of farmers marched on Westminster today in a protest against plans to impose inheritance tax on farms.