Labour's inheritance tax plan raises concerns for UK family farms

A new inheritance tax plan from Labour threatens family farms in the UK. Previously, farms could be passed down without tax, but now estates valued over £1 million will face a 20% tax, payable over ten years. Farmers are concerned this change will force them to sell land to cover tax costs, making their operations unsustainable. Protests have erupted, including a large march in London, as farmers seek to raise awareness of the issue. The new tax rules could burden families with significant debt, impacting future generations. Farmers worry this will deter young people from entering the industry, jeopardizing food production in the UK.