A British farmer who has been working for 50 years has declared that Labour's inheritance tax raid is the "worst period of his farming life", following the Chancellor's Spring Statement.
Rachel Reeves set out her plans for Britain's economy in the House of Commons today, promising billions in defence investment, but billions in cuts for welfare benefits.
Speaking to GB News, farmers David and Matthew Jordan told presenter Emily Carver they are "disappointed" after Reeves snubbed any mention of Labour's "war on farmers".
David Jordan declared that failing to acknowledge the inheritance tax policy and any possible U-turn spells "disaster" for the farming industry.
Jordan fumed: "I'm disappointed that the Chancellor hasn't done something to help us with inheritance tax. It's a massive problem for a sector that is on its knees - agriculture is on its knees.
"I've spent 50 years farming, and this is the worst period of my farming life since the Budget."
Detailing the impact that the inheritance tax raid has had on him and his farm, Jordan admitted that he wakes up most mornings and questions "what is the point" in continuing his business.
He said: "I get up in the morning and think, 'what is the point of farming?' I've worked many, many hours through the night, calving cows, cutting corn for 50 odd years - and what this Government is doing is a total disaster for agriculture."
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Agreeing with David's remarks, Matthew Jordan told GB News that Labour has "waged a war" on the agricultural industry, and not mentioning the community is a "massive missed opportunity" for Reeves.
Jordan explained: "I think personally it's a massive missed opportunity for the Government there. They've waged a war on rural communities, on the rural economy and farmers in the last nine months.
"I think they had an opportunity here to soften some of the blows, and they've decided not to do so."
Noting one of the Chancellor's claims, that Britons will be "£500 better off" under Labour's economic changes, the farmer's fiercely disagreed with Reeves, declaring that their business is "contracting" as a result of the inheritance tax policy.
Jordan stated: "Everything about our business is contracting. Prior to the to the budget, we would think about what can we do, how can we make our business more efficient, how can we expand our business - now we're thinking it's not worth it, contract the business.
"The £500million that they're going to raise from farmers is a real drop in the ocean. When you think about the Government spending, it's not going to make a lot of difference, which makes me think it's been an ideological move."
He added: "You only need to look at the fact that Labour have had meetings with Blackrock and Bill gates.
"I didn't think this a year ago, but I do think now that they want to control how land is farmed and that's what this is all about."
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Rachel Reeves set out her plans for Britain's economy in the House of Commons today, promising billions in defence investment, but billions in cuts for welfare benefits.
Speaking to GB News, farmers David and Matthew Jordan told presenter Emily Carver they are "disappointed" after Reeves snubbed any mention of Labour's "war on farmers".
David Jordan declared that failing to acknowledge the inheritance tax policy and any possible U-turn spells "disaster" for the farming industry.
Jordan fumed: "I'm disappointed that the Chancellor hasn't done something to help us with inheritance tax. It's a massive problem for a sector that is on its knees - agriculture is on its knees.
"I've spent 50 years farming, and this is the worst period of my farming life since the Budget."
Detailing the impact that the inheritance tax raid has had on him and his farm, Jordan admitted that he wakes up most mornings and questions "what is the point" in continuing his business.
He said: "I get up in the morning and think, 'what is the point of farming?' I've worked many, many hours through the night, calving cows, cutting corn for 50 odd years - and what this Government is doing is a total disaster for agriculture."
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- Farmer fears further Labour war ahead of Reeves's 'concerning' Spring Statement
Agreeing with David's remarks, Matthew Jordan told GB News that Labour has "waged a war" on the agricultural industry, and not mentioning the community is a "massive missed opportunity" for Reeves.
Jordan explained: "I think personally it's a massive missed opportunity for the Government there. They've waged a war on rural communities, on the rural economy and farmers in the last nine months.
"I think they had an opportunity here to soften some of the blows, and they've decided not to do so."
Noting one of the Chancellor's claims, that Britons will be "£500 better off" under Labour's economic changes, the farmer's fiercely disagreed with Reeves, declaring that their business is "contracting" as a result of the inheritance tax policy.
Jordan stated: "Everything about our business is contracting. Prior to the to the budget, we would think about what can we do, how can we make our business more efficient, how can we expand our business - now we're thinking it's not worth it, contract the business.
"The £500million that they're going to raise from farmers is a real drop in the ocean. When you think about the Government spending, it's not going to make a lot of difference, which makes me think it's been an ideological move."
He added: "You only need to look at the fact that Labour have had meetings with Blackrock and Bill gates.
"I didn't think this a year ago, but I do think now that they want to control how land is farmed and that's what this is all about."
Find Out More...