Poor old Rachel Reeves. Whether it’s being besieged by the bond markets or savaged by the Sinosceptics, it has not been the best of weeks for our under-fire Chancellor. So what better way to cap it all off then a full-barrelled broadside by one of the UK’s most beloved supermarkets? For food giant Morrisons tonight joined the chorus of criticism over Reeves’ planned Budget changes to agricultural property relief, amid dire predictions that it will ‘kill’ Britian’s family farms.
The supermarket giant has tonight released a pithy 47-second video on Twitter/X, featuring Sophie Throup, the head of agriculture at Morrisons. She declared:
We want to send a message of support today for the whole of the farming community. We understand your anger and your frustrations at the inheritance tax – and we’re with you. We share your concerns about the long-term future the inheritance tax is going to have on farms – particularly smaller, family farms – and we know that you want something done about it.
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