Tractors drove past Britain's Parliament on Tuesday morning, as part of a broader protest by some farmers. Tolga Akmen/EPA, via Shutterstock

Thousands of farmers gathered in central London on Budget day (Nov. 26) in the largest public challenge to the Labour government since July 2025. Despite a Met Police ban on agricultural vehicles, tractors drove through Westminster as protesters opposed planned Inheritance Tax (IHT) reforms.

The policy, introduced by Chancellor Rachel Reeves last year, applies a 20% rate on agricultural assets above £1 million, payable over 10 years. Government figures suggest around 73% of farms will be unaffected, but critics fear some families may be forced to sell rather than pass farms to the next generation.

Chancellor Rachel Reeves announced the £1m threshold for IHT liabilities would now be transferable between spouses and civil partners in her budget on Wednesday (Nov. 26), bringing it into line with wider Inheritance Tax policies.

It means that should a married farmer die they can leave £1m-worth of assets to their spouse, who will then be able to use the deceased’s £1m in addition to their own tax-free allowance when handing a business down to their children on their death. 

Demonstrators carried slogans such as “No farmers, no food,” citing wider grievances over post-Brexit costs, reduced subsidies and pressure from supermarkets.

Key developments

• Over 10,000 people estimated at the protest.

• Tractors defy police restrictions near Parliament.

• NFU President Tom Bradshaw warns of “unacceptable” human impact.

• Anger reflects broader rural frustration with successive governments.

The government says wealthier estates must “pay their fair share” to support public services.

ℹ️ The Times, The Grocer, nytimes

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Tractors drove past Britain's Parliament on Tuesday morning, as part of a broader protest by some farmers. Tolga Akmen/EPA, via Shutterstock
Tractors drove past Britain’s Parliament on Tuesday morning, as part of a broader protest by some farmers. Tolga Akmen/EPA, via Shutterstock
UK farmers protest in London over inheritance tax change
UK farmers protest in London over inheritance tax change
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