Farming Today

26/02/25 - NFU Conference 2025: Inheritance tax, technology funding, farm profitability

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Synopsis

The re-introduction of inheritance tax on farm assets dominated this year's National Farmers Union Conference in London. The Union President told delegates farming is facing it's biggest crisis of confidence in his lifetime. Facing a frosty reception, the DEFRA Secretary Steve Reed announced a new Farm Profitability Unit to be set up with the department, but told farmers he couldn't give them the answers they wanted on inheritance tax.Elsewhere, the conference focused on growth in agriculture - through investment, exports and tech. We hear how the latest scientific innovations could help farmers in the future.Presented by Charlotte Smith Produced by Heather Simons