Three major supermarkets hit back at farm tax

Published On Jan 22, 2025, 2:02 PM

Tesco, Aldi, and Lidl are advocating for British farmers against proposed inheritance tax changes that could impact farms valued over £1 million. Tesco's chief commercial officer emphasizes that the future of the UK's food security is jeopardized by these tax changes. Various major supermarket chains are urging the government to pause the implementation of the tax until further consultation can take place, expressing concerns that this policy may deter investment in the agricultural sector and harm the production of British food.