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tv   Business Today  BBC News  February 25, 2025 5:30am-6:01am GMT

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to elon musk asking them what they've been up to. also in the programme... in their energy bills. live from london, this is business today. i'm sally bundock. is hoping to placate farmers at their annual conference. is prioritised over cheaper imports from abroad. food welfare targets will be imposed on hospitals, every year the government awards £5 billion public bodies with food. british farmers could benefit.
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but will this initiative win over a community angry over the chancellor's move to hit many farms with inheritance tax for the first time? and founder of the farmer forum. good to have you on the first of all, talk programme. first of all, talk us through plan on the us through this plan on the part of the government to funnel more contracts to funnel mere centrist; te' * ~ 7, ,. produce. you funnel mere centrist; e; w " w w produce. you think will work? first, - is this will work? first, this is nothina this will work? first, this is nothing new. _ this will work? first, this is nothing new. - was - this will work? first, this is - nothing new. - was something nothing new. this was something that was in labour�*s manifesto that massiniabeur�*s manifesto �* 12 that wastiniabeur�*s manifesto �*12 months that massiniaiaour�*s manifesto �*12 months ago before the over 12 months ago before the election. the target, election. the 50% target, obviously we welcome anything the industry encourages use of 7 ”ago if]; w was” t " producerthatfi 7 produce that we 7 e eukfarmers.: . 5 ukfarmers zfrankly as uk farmers. but frankly if he thinks that is going to make up he thinks that is going to make up for the absolutely disastrous and industry destroying changes they have
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made since they into power made sincethey came—intorpower after rachel reeves' and after rachel reeves' budget, it shows how �*out of buoget. ififififii 51311? féf em. if they are. i mean, touch they are. i mean, nationally, security is nationally, food security is around 62 or 63% according to figures from death threat. 50% of public procurement —— defra figures. it is behind the average the uk. are no aloe—acre hc'ehc" i"; thej'vw w ,, w are no statistics on the it is not 1 11h: it [5301 iii? at the moment. it is not like we can measure this we can currently measure this in terms the food in terms of the food contracts, who is and who is tiff—nzzifff ttfmzifff benefiting. no. the only kind of fiaure benefiting. no. the only kind of figure that _ benefiting. no. the only kind of figure that is _ benefiting. no. the only kind of figure that is out - benefiting. no. the only kind of figure that is out there - benefiting. no. the only kind of figure that is out there is l of figure that is out there is a wet level of self—sufficiency, and the from we ' from defra is 62% to figure from defra is 62% to 63%. i don't know why public procurement is the procurement is behind the household in the first average household in the first place. i think they are place. i don't think they are actually of �*value here. any aa’rticutar talus here; they already any aa’rticutar yalue here; they already be any aa’rticular yalue here; they already be towards that may already be towards that 50% . are shadowing what the household is sourcing from. level 77
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from. level of 77 from. level of self % fees from; that level efrselfr ~ ~ , ~ —— need to take securityrthey need to take changes really seriously. the changes they made in the budget to really seriously. the changes they made tax |e budget to really seriously. the changes they made tax and idget to inheritance tax and various other taxes they in, other taxes they brought in, this kind of war on uk farmers an industry, that as an industry, that food security percentage is going to 22:77:22 2 i252; z rig : —:§§ when 77 we should be focusing on improving our self—sufficiency in food. my grandfather, the infeedc my grandfathergthe '" ' ” ' generation farm here, first generation to farm here, he started in the 1940s he started farming in the 1940s at the end of second world at the end oft-he second �*c�*c’erld at the end oft-he second �*c�*c’erld a time at the end oft-he second �*c�*c’orld a time when the war, a time when the country was still under rationing. he and my father who after and my father who farmed after him, they were encouraged by ,,t° ,. to more 7 i to more food whereas now, as an constantly, whereas now, as an industry, we are being encouraged not to. fefié ,, , obviousl the nfu you,obyiously the nfu gets under way, we conference gets underway, we mentioned secretary steve will 7 mil; 7 77 7wil7l 7b7e7th7e7re777 7 will be there speaking. reid will be there speaking. you are what he has you are saying what he has announced isn't and annodnced risnftrnew and ont
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that difference. announced—isnft—new and ont that difference. what mm ou hearin in terms of are you hearing in terms of to the protests we response to the protests we have seen in recent weeks, following the budget? any if.” — , a the777 7 77777the7c7ha7ncellor f irrigehsngemr on movement from the chancellor on her plans with regard to inheritance tax or any other that 7 77777th7at7will777 that will impact measures that will impact farmers? was farmers??? wasa farmers??? was a last week there was a meeting last week nfu other various between nfu and other various industry leading organisations. with the treasury. not with rachel reeves or steve reed, who seem to be avoiding farmers who seem to be avoidingfarmers every possible opportunity. put seer; w; fww”: —w— z put forward in that they put forward in that meeting are actually meeting proposals are actually raised significantly more than the budget proposals. the budget proposals aim to raise around 500 million, which incidentally about two days �*they �* they awarded 7 7 �*they awarded that 7 7 7 �*they awarded that amount 7 farming farming so 7 farming so it in overseas farming aid so it is clearly not about the money. and tenant 7 and tenant farmers nfu and tenant farmers association, they have put pro7posa7ls proposals of an ihfiflgf�* e�*e�*;al; “1 a; way to deal with alternative way to deal with this would achieve better this which would achieve better watch the chancellor has tried to achieve in stopping investors rather than family
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farms, genuine family farms, people to stopping those people trying to shelter from which is shelter from tax which is something welcome to see as something we welcome to see as an industry because it is not good for us, and that was going raise i 7 raiseithink 7 7 7 raiseithinkan 7 7 7raise|thinkanextra 7 7 7 raise i think an extra 207(7) 7 to raise i think an extra 200 or 250 million, to raise i think an extra 200 or250 million, using to raise i think an extra 200 or 250 million, using this scheme. they have no notice of tiis, not taken no notice of this, not taken no notice of this, not taken it on they are not taken it on boardrthey . ~ u eh??? 7:7 this ahar-ar-a this morninu. time this morning. clive bailye, the farmer forum. bailye, from the farmer forum. also a farm in staffordshire. we will be across the conference just to see how it unfolds and what is said and unfoldsandwhat is said and response from government, the response from government, as well. all that throughout today. the thick of negotiations with their indian counterparts in the hope of striking a trade deal. these talks were halted last year ahead of general elections in both india and the uk. minister piyush goyal explained why the two countries are keen to do a deal.
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negotiations in a very, very cordial atmosphere and with great trust between the two governments. through championing free and open trade and investment to drive jobs and growth across both of our countries. intelligence unit. welcome to bbc news. what are you hearing about a deal so far, what is on the table? you so much �* having me 7 7 z -: yes, you mentioned, halted7 use”, 7777halted7kastyear 77 7777ha7lted7l7as7t yes; 533 77 7 the talks halted last year and have been with quite a have been resumed with quite a bit of vigour at this point in time. the major aim is basically to double bilateral
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from a little over about billion now, they expect it $20 billion now, they expect it to double over about a decade. there are asks from both there are major asks from both sides, of course. for example, the uk has asked for lower on things like tariffs on things like automobiles, scott whisky, a automobiles. scott whisky. a of increased access for lot of increased access for british lawyers, telecom and 7 also financial services. also increased market access for its products. some tariff fine products. some tariff concessions for electric vehicles also. is looking vehicles also. india is looking easier business visa m m processing at this point in time as well as increased access for its it and health care into the uk :-= has been a for some time. also india 7 twin. aas.cjccecezeceezzcecécaé trying to negotiate a agreement 7 7 agree7ment which 7 agree7ment which will security agreement which will help double contributions help avoid double contributions indian business which indian business professionals have to make in the uk while they are working there. as well as some from carbon exemptionfrom carbon tax which is again adjustment tax which is again at point contentious. are of now
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are7 of now the 77 7 7 7a7r7e 7o7f 7now7t7h7e7 key these are as of now the key areas of discussion as we understand between the two countries. understand between the two countries- — understand between the two countries. ., , , ., ,, countries. and how is progress coin: countries. and how is progress auoin in countries. and how is progress going in terms _ countries. and how is progress going in terms of— going in terms of overcoming some of those sticking points you have wen: we? 7 7 always you have mentioned? as always the devil is in the detail on these things.— these things. absolutely. we note that trade _ these things. absolutely. we note that trade talks - these things. absolutely. we note that trade talks have . note that trade talks have halted in the past. 2012, some tapering off trade talks in it is the 292i majorly it is the? , ~ on the uk's to reluctance on the uk's pipe to provide visas indian provide more visas to indian businesses as well as on cite the lack of duty = -7 7 77 7wh7ic7h7 qm} 7 77 7 77 7wh7ic7h7 s7hou7ld7ha7ve7777 7 77 7wh7ic7h7 s7hou7ld7ha7ve7happened long 1ich should have happened long time hould have happened long time houl forve ha77ppened long time houl for example, ed a long time ago. for example, scotch whisky, which is very trade area for the uk important trade area for the uk here, there has been resista nce significant resistance from india in 841 00:08:44,753 -->
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