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The UK's Premier Agricultural Machinery and Technology Show

20鈥�21 January 2027, NEC, Birmingham

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Record number of farm businesses close following IHT proposal

New report shows UK鈥檚 farming industry continues to contract at an alarming rate following last year's Budget

Jane Thynne
Head of News and Business
clock 鈥� 2 min read
Farmland is being lost at an 'alarming' rate, says new survey
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Farmland is being lost at an 'alarming' rate, says new survey

More than 6,000 agricultural businesses have ceased trading since Inheritance Tax (IHT) reforms were announced in October 2024, a new report has claimed. The study published by Cynergy Bank said the...

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