MP urges Chancellor to restore confidence in British farming

Carla Lockhart MP • February 26, 2026

Upper Bann MP Carla Lockhart MP is calling on the Chancellor to use the upcoming Spring Budget to right the wrongs of her previous actions.

In a letter addressed to the Rachel Reeves MP, the DUP’s Westminster Agriculture spokesperson, has urged the Treasury to reconsider its inheritance tax reforms, and deliver meaningful and practical support which will restore confidence in British farming.


Ms Lockhart said: “The Spring Budget statement is due on Tuesday, 3rd March. This is an opportune time for the Labour Government to redeem itself in the eyes of the farming community and the wider agri-food sector.


“Sir Keir Starmer’s Government promised to bring change to our country – they certainly have, but not in the way voters anticipated. Labour has abandoned its pledges and failed to deliver on its pre-election promises.


“Their claim to support working people is heavily disputed. Farmers are hard-working people, but they have been dealt blow after blow since Labour came to power.


Ms Lockhart said: “Farmers across the United Kingdom are operating under immense financial pressure and mental strain. Many are working on minuscule margins, facing spiralling costs and uncertainty that is actively discouraging long-term investment. Confidence in the sector is at, or very close to, historic lows – a situation that is hugely concerning.


“British farming supports hundreds of thousands of jobs and underpins an agri-food sector worth £153 billion to our national economy. If the government is serious about economic growth and food security, it must ensure farmers feel valued, and provide tangible support for primary producers in next week’s spring budget.”


Carla Lockhart MP added: “Maintaining the current reduced rates of fuel duty for red diesel is also critical. For machinery-intensive farm businesses, any increase would significantly raise operating costs at a time when margins are already under severe strain.”


In her letter, the MP also highlighted widespread concerns over planned changes to inheritance tax relief from April 2026, which many fear could undermine family farm succession planning and long-term viability.


She continued: “Family farms are the backbone of our rural communities. The uncertainty around inheritance tax relief risks destabilising generational businesses that have fed this nation for decades.


“The Chancellor must provide clarity and reassurance to protect the future of these farms. After months of campaigning, common sense has prevailed to a certain extent, but raising the threshold to £2.5m per person doesn’t go far enough. It’s a hard won concession, but fails to address the fundamental unfairness that remains embedded in the Finance Bill.


“Even with the threshold raised from £1m to £2.5m per person, more than 4,500 farms in Northern Ireland will still be impacted by the government’s ‘death tax’.



“Ultimately, I would like to see this policy scrapped in totality. There is a profound unfairness at the heart of this policy, which the Treasury has yet to explain or justify.”

Share

By Carla Lockhart MP • October 7, 2026
Upper Bann MP Carla Lockhart has criticised the lengthy backlog for MOT appointments at test centres across Northern Ireland.
By Carla Lockhart MP • September 25, 2026
DUP Agriculture spokesperson Carla Lockhart MP has expressed concern following confirmation that Shamonda virus has been detected in cattle on the island of Jersey.
By Carla Lockhart MP • September 25, 2026
MP welcomes speculation that Burnham is set to revisit farm inheritance tax reforms
By Carla Lockhart MP • September 25, 2026
Lockhart urges livestock farmers to respond to Red Tractor consultation
By Carla Lockhart MP • September 24, 2026
SPeaking on the threat to mobilise Carla Lockhart MP said, “It was inevitable that when Sinn Fein don’t get their own way that the threats of violence and unrest would be rolled out.
By Carla Lockhart MP • September 17, 2026
Lockhart welcomes long-awaited Drumcree mediation and warns Irish Prime Minister against meddling
By Carla Lockhart MP • September 11, 2026
Upper Bann MP Carla Lockhart has welcomed the defeat of the Assisted Dying Bill in the House of Commons, describing the result as “a great day for the protection of life.” MPs rejected the Bill by 286 votes to 270.
By Carla Lockhart MP • September 11, 2026
DUP Agriculture, Environment and Rural Affairs spokesperson Carla Lockhart MP has called on the Labour Government to match its words with action, following this week’s Back British Farming Day event in the House of Commons.
By Carla Lockhart MP • September 10, 2026
Responding to recent online comments and media reports concerning the use of halal-certified meat in Northern Ireland school meals, Upper Bann MP Carla Lockhart MP has confirmed that she raised concerns about this issue with Stormont Assembly departments in March.
By Carla Lockhart MP • September 8, 2026
MP responds to Sinn Fein on the Garvaghy Road