This approach aims to make farming both economically viable and environmentally responsible, benefiting farmers and the broader public.
1. Fairer Tax System: Labour plans to end the inheritance tax exemption for the wealthiest estates, ensuring larger landowners pay their fair share and making the industry more accessible for young, aspiring farmers.
2. Supporting Young Farmers: By reforming tax breaks, Labour aims to open up farming opportunities to new generations, helping prevent the monopolisation of agricultural land by a few wealthy families.
3. Recognising Farming’s Unique Challenges: Labour acknowledges that farming isn’t just another business; it’s central to local communities and family legacies, requiring long-term planning and specialised support.
4. Sustainable Farming Focus: Labour’s policies are designed to encourage sustainable farming practices, reducing environmental impact and improving the long-term health of soils and biodiversity.
5. Reducing Dependence on Subsidies: Instead of relying on subsidies that barely cover costs, Labour wants to create a support structure that allows farms to succeed independently and reduce reliance on volatile markets.
6. Addressing Past Environmental Damage: The party recognises the damage from decades of intensive farming, which led to soil depletion and loss of biodiversity, and is committed to supporting farms in shifting to regenerative methods.
7. Affordable Transition to Green Practices: Labour’s vision includes financial and technical support for farms to transition to eco-friendly practices that can reduce waste, improve yields, and protect land for future generations.
8. Protecting Against Economic Pressures: Labour is committed to supporting farmers in the face of challenges from Brexit, climate impacts, and rising costs, building a resilient industry that can weather future uncertainties.
9. Fairer Land Ownership: Labour aims to make land ownership in farming less about inheritance and privilege and more about access for those genuinely committed to sustainable farming and community support.
10. Building a Stronger Agricultural Future: Ultimately, Labour’s plan is to ensure that British farming remains a cornerstone of the nation, prioritising fair access, sustainability, and resilience to create a robust agricultural future for all.
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