
Farmers across the UK will descend on central London later this month as part of a rally against the government's budget which they say will have a 'devastating' impact.
The union said that budget changes to agricultural property relief (APR) and business property relief (BPR) would deal a 'hammer blow' to farming families.
Tightening margins, record inflation, extreme weather and increased production costs meant that many farmers are now at 'breaking point' and 'unable to absorb any more cost burden'.
Tom Bradshaw, the NFU's president, said the current plans to change APR and BPR needed to be 'overturned, and fast'.
He said: "Farmers have been left reeling from the changes announced in the budget which demonstrate a fundamental lack of understanding of how the British farming sector is shaped and managed.
"Farmers are rightly angry and concerned about their future and the future of their family farms, having been reassured by minsters in the lead up to the budget that APR and BPR changes were not on the table."
The NFU explained that the Treasury's figures which claim this will only affect one in four British farms are 'misleading'.
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