a rural revolt in perhaps, of a rural revolt in this country .7 retailers getting this country? retailers getting very worried about the impact of the budget on the economy. i'm going to ask the question , could going to ask the question, could the chancellor have done this differently ? and it looks like differently? and it looks like senior labour figures are saying they'd rather choose the european union over donald trump. and that's all because of the threat to china of tariffs. but before all of that , let's but before all of that, let's get the news with sophie reaper . get the news with sophie reaper. >> thank you nigel. the time is just after 7:00. and these are your latest headlines . just after 7:00. and these are your latest headlines. farming leaders have accused the chancellor of refusing to engage with them over controversial changes to inheritance tax. that's as thousands of farmers have marched on westminster today. first unveiled in rachel reeves budget , the plans to reeves budget, the plans to impose inheritance tax on farms worth more than £1 million have sparked fury among rural communities. speaking at the protests in westminster, shadow

secretary of state for environment, food and rural affairs victoria atkins says the impact on farmers will be huge if older members of the family live past march 2026. >> when this change comes in, then they are faced with an enormous inheritance tax bill. when that dear, beloved relative passes on. and when i say, you know, huge bills, we're talking hundreds of thousands of pounds, possibly even over a million among the thousands of farmers attending the protest today, there have also been many of the future generation hoping to take over their family's farm. >> one day earlier, one of the farmer hopefuls told gb news he wants the government to rethink . wants the government to rethink. >> its just important because family farms are what have like provided food for england through two world wars and up to now, so it's a vital part of like our economy. it's a way of life. it's not a job. i've been brought up around farming and i can't really imagine my life without it. i just want people to listen. i just want the government to hear what we're saying, and at least have a

look. go back to the drawing board and just see if they can do it better and help more family farms like us elsewhere. >> northamptonshire police have confirmed that 24 year old bella , confirmed that 24 year old bella, who was found murdered in east london last week, was killed by strangulation. officers attended her address following concerns for her welfare last wednesday , for her welfare last wednesday, leading to her body being located in the boot of a car in the ilford area of london. police are still searching for her husband, whom they've said is suspected of killing and then fleeing the country . a getaway fleeing the country. a getaway driver who helped four teenagers kill two boys with machetes dunng kill two boys with machetes during a case of mistaken identity has been jailed for life for murder and will serve a minimum of 38 years in prison. 45 year old anthony snook drove 18 year old riley toliver and boys aged 15, 16 and 17 to and from knowle west in bristol, where they murdered mason rist and max dixon. the two boys died from stab wounds after being

chased by the four armed teenagers in january of this year. teenagers in january of this year . meanwhile, following year. meanwhile, following widespread snow and ice today, the uk is preparing for further bad weather over the coming days. a new ice warning has now come into force for much of southern england. the midlands and eastern wales, which will remain in place until 10:00 tomorrow morning. that's alongside several other warnings for snow and ice issued across the uk, as the met office has issued warnings that vehicles could be stranded. power cuts may occur and rural areas could be cut off. those are your latest gb news headlines for now. i'm sophie reaper more from me in the next hour. >> for the very latest gb news direct to your smartphone, sign up to news alerts by scanning the qr code, or go to gb news .com forward slash alerts . .com forward slash alerts. >> good evening. i think

somebody in the treasury got their sums wrong when they were advising the chancellor, rachel reeves. you see, the labour government say it's not a problem. 75% of farms just won't be affected by these new inheritance tax rules. and yet the national farmers union themselves say it will be at least two thirds. i have to say, my conclusion on all of this is the small farmer, somebody running 5 or 10 acres, a smallholder basically will be fine. the giant agribusinesses, they'll be fine as well . it's they'll be fine as well. it's they'll be fine as well. it's the people in the middle that simply won't be fine. property pnces simply won't be fine. property prices over the last few years have rocketed land prices too. in fact, in lincolnshire, an acre of land now is about £30,000 an acre. and it is true that some billionaires have bought up vast tracts of farmland without ever intending to farm them themselves as a way of avoiding inheritance tax. but what this proposal does is to hit families running farms, families whose incomes are

incredibly modest, far more modest than i think most people believe they've got an asset. yes, that's worth a lot of money, although for many of them it isn't just about money. it's about a way of life that's been going for on generations. and i would ask people to think our countryside is admired. the world over. people love the british countryside, and one of the reasons is those families have farmed it so well for so long. now this was far from the first time that i've been out with the rural communities protesting in this country. i was out 25 years ago, 20 years ago, protesting against the hunting ban . indeed, 406,000 of hunting ban. indeed, 406,000 of us marched on that countryside march. we weren't listened to by the government at all. it kind of didn't matter , because it was of didn't matter, because it was the conservatives that held the rural constituencies, not laboun rural constituencies, not labour. and blair wasn't bothered this time. it may be different. well, i turned up on parade. i have to say, on a personal level, i was really, really thrilled at the welcome that i received from people

queuing up in whitehall. oh no, no no . [10 110. >> no no. >> jul jul . nigel. >> jul jul. nigel. >> jul jul. nigel. >> nigel. >> nigel. >> it means something, doesn't it? >> nigel. >> nigel. >> well, that was very touching, but it summed up the day people were despite their fears. and by the way, i visited farmers in essex who've literally been in tears talking about this because they're really, really scared about the impact . but they're really, really scared about the impact. but in they're really, really scared about the impact . but in fact, about the impact. but in fact, the atmosphere was amazing. it was upbeat, it was jolly, it was peaceful. i barely heard a swear word all day. it was extraordinary. it was a remarkably british thing, kind of . that's how we do it. remarkably british thing, kind of. that's how we do it. but i did hear1 or 2 people saying, did hear 1 or 2 people saying, well, maybe we ought to be a bit more like the french. whether that's really good advice. i don't know. can we make any progress with this? well, jeremy

clarkson was there, which was good to see given the recent medical problems that he's had. and i think he feels as much as i feel that something can be done about this. and here's the reason why labour now have somewhere between 70 and 100 seats. they won at the election in rural or semi—rural constituencies . and i think what constituencies. and i think what this movement now needs to do is not just to get together in london, but to be seen in market towns all over this country, especially ones that labour won by very narrow margins at the next general election. i always knew that the hunting ban was going to come in. i always knew that no one would listen, but this time i think we can get a change. i think we can get a serious revision of that starting level . well, the prime starting level. well, the prime minister was interviewed by gb news chris hope earlier on today in south america at the g20. doesn't look like he intends at this stage to budge. >> very important for me to keep

making the case that it's only farms and assets over £3 million. in a typical case of a of parents wanting to pass on to their children , and therefore their children, and therefore for that reason, i'm confident that the vast majority of farms will not be affected. i grew up in a rural area. i know firsthand that rural areas, farming communities, they do need the investment that we put in the budget in. >> there we are. he's not budging. my question for you at home is this just the start of a rural revolt, yes or no? give me your thoughts . farage @gbnews your thoughts. farage @gbnews .com. liz webster, who's been on this program a few times before. founder of save british farming. i guess in one way, you must have been quite pleased to see so many people there . so many people there. >> it was a great day and a fantastic turnout, and i thought it would be a big turnout because there's so much emotion and anger. and it's not just farmers because there's lots of other sectors that feed into

farming as well as local people. i mean, from my village, the local pub owners were there today and people feel as if it's an attack on rural communities in particular. and it's not just about the inheritance tax. there's many other things that are going on as well, particularly with the national insurance changes , that's insurance changes, that's hitting small and medium sized businesses . but it also, as you businesses. but it also, as you referred to, big businesses , big referred to, big businesses, big agricultural businesses, they're hit too. i know one of the country's biggest raspberry growers , his wages bill has gone growers, his wages bill has gone up growers, his wages bill has gone ”p by growers, his wages bill has gone up by £4.2 million, and he just doesn't have the money to pay that. and what it means is that that. and what it means is that that raspberry business might no longer exist, and there's nowhere to import those raspberries in from. so we might be raspberry less because of this government. >> i mean, your point about it's not just iht. i agree with you. actually a lot of farmers are very unhappy with the growth of

solar energy. not happy with rewilding, not happy with what? net zero targets might mean. and we've seen this revolt happening all across europe in terms of nitrates, in terms of carbon. but i also felt, liz today and i talked to lots of people today, a real feeling that an urban elite that make the rules are completely disconnected from the rural countryside. >> the problem is, keir starmer promised to be better than what we've seen before, especially in terms of lying and, you know, being honest. and he went to the national farmers union and promised that he wouldn't do this. and he didn't just promise. he actually empathised with the loss of a family farm and farmers are very down to earth people, and they're very genuine . and if they shake on a genuine. and if they shake on a deal genuine. and if they shake on a deal, they shake on a deal and he has gone to our conference, he has gone to our conference, he didn't say it in parliament or he didn't say it in his

constituency. he said it in the farmers conference. and that has really, really irked people . and really, really irked people. and he's also now using he's relying on information data, which even defra don't agree with, which we all know is false. and it was shown today because everybody there put their hand up who knows that their farm is impacted by it. i mean, in my village, the house down the road just sold for 1.5 million. it's got a quarter of an acre . i got a quarter of an acre. i mean, it's also like forcing us to take out our underwear drawer and wash it in public. you know, these details about the value of these details about the value of the farm is really, really personal. and there we are, working day in, day out, seven days a week, often through the night when you're lambing and calving. and the gratitude that we've we've had from the labour party who said they were going to be a friend of the farmers to repay us with this, and also

then to actually insult our intelligence by using data, which is wrong. and they keep repeating the same lies over and over and over again, and it's being forced down our necks and they're not even listening to, i mean, there's plenty of agricultural accountants out there and specialist agents , and there and specialist agents, and they won't listen to any of them. they just relying on treasury figures which are wrong. and there is no consideration for food . know consideration for food. know everybody needs food. >> no, not not not even discussed. and the world is, you know, in a very difficult place and there's no consideration we are about to get food shortages anyway because of the flooding in spain. >> and we've lost two of our very biggest salad growers because the last government didn't keep the greenhouses open. a lot of the lea valley growers have gone because of the gas prices. we are heavily reliant on spain for fresh food in the winter. we've had a mild autumn and i can tell you now

you're going to start to see real shortages, and that's before the farmers begin to hold back food. and this government haven't considered what impact thatis haven't considered what impact that is going to have on the, you know, the stability of the country . and if i was an advisor country. and if i was an advisor to keir starmer, i would be pushing that forward. we've had some very difficult riots. these in these last few months. do we want to have that again ? no, we want to have that again? no, we don't think about the food system . even the supermarket system. even the supermarket bosses are saying this is going to cause problems on the shelves. this dimension. why would you invite food shortages? >> i think what you just said adds a very large amount to this debate. i'm joined by sir john redwood, a former conservative member of parliament, and alex cairns, political commentator and founder of youth vote uk. alex, the point at the end about potential food problems. that was quite impactful, wasn't it? >> look, i understand that there's going to be frustration, not just in your sector, but actually in lots of sectors. you

know, there's people complaining that the last few years have been tough. obviously post covid, the economy has struggled. obviously, we've seen lots of people leaving the uk because of, you know, brexit or a range of factors where lots of sectors have been struggling. and it's a very, very complicated issue. but let's remember right about the ifs say that about 20, 25% of farmers are going to be affected with this, right? whether you agree with that or not, no one does. we can discuss that right . with that or not, no one does. we can discuss that right. but actually a significant amount of farms, i mean, the idea. right. for a long time, inheritance tax has been exempt in this sector. right. why should ordinary people that have property that have to pay 40% inheritance tax be penalised? but farmers don't have to do that because the farmers, the farmers are the stewards of the countryside and without them, our country wouldn't look the way that it does. >> you can easily exempt it because all you have to do is say any working farmer who's earning the majority of their income from a farm can be exempt. is that simple? and then jeremy clarkson , who we know jeremy clarkson, who we know earns a fortune through television, will have to pay inheritance tax on his farm. but i would say jeremy clarkson has

been brilliant. i mean, he farms near to me for that area. he's brought in a huge amount of for money chipping norton. he's done an enormous job in talking to people about what he was clear. >> he was clear today. >> he was clear today. >> but the politics have ended. >> but the politics have ended. >> he was clear today that it wasn't clarkson was clear today that it's not about me. it's about the struggling family, farmer john, the prime minister, farmerjohn, the prime minister, saying, well, don't worry, because very few people qualify in any way. you know, you could get up to 3 million before you start to pay this . how does that start to pay this. how does that work? >> how wrong he is. >> how wrong he is. >> and as we've heard, he broke a very important promise to family farmers. and we need to keep those family farms together. a farm of 200 acres with a farmhouse could easily be worth more than £3 million. you make very little money on it. a lot of farmers would say we need a bigger unit than 200 acres, and these people want to split them up or throw them out altogether. they want to put them out on the streets, because they'll have to sell a load of they'll have to sell a load of the land in order to pay the tax, and then they won't have any. well, john, you say it at all. >> you say these people we know 40% of farms are owned by

institutional investors, right? there's a lot of people. that lot aren't know about the family farms. no no, no. a big portion of farms and estates are owned by private investors. right. there's been a double standard, ordinary people that have worked hard to pay off their mortgage and have an asset of , say, above and have an asset of, say, above half £1 million will have to pay inheritance tax. hang on. are you telling me that there should be a situation for farmers and then for private tenants? you know they should be penalised? it's already a double standard. >> penalise the tenants either. and the government? you support is penalising all farmers with this massive increase. >> the problem is we've just heard three quarters are not going to be included in this. well, i tell you what, i tell you what. >> that's a different point, though. >> that figure, alex, is for the birds. you sound deeply unsympathetic towards our family farms in this country. in some cases, but on the land for hundreds of years. you don't care about them, do you? >> no, no, no, it's not that. i don't care about them. i just know that the uk economy has taken a hit the last few years. every sector there's been difficult choices. the corporation tax under the last conservative government went up by 1919% to 25%. just ask. small businesses have been affected.

>> why didn't you go then? for the subsidies that you're paying to north american landowners to chop down trees, chip it and bnng chop down trees, chip it and bring it here to burn a supposedly green, green, green energy? >> i know that's costing us half a billion a year. >> if you got rid of those subsidies to drax power, and then we could actually support our farmers and do as i said, exempt any farmer that's earning most of their income from the farm. and that includes tenant farmers, because tenant farmers, i don't know if you've gone out and seen how much tractors cost and seen how much tractors cost and all of the machinery that you need to run a farm and the profit margins, the cost of your the profit mark the last couple of years have been rotten years as well, haven't they? >> the weather's been terrible there today and they are as angry as the landowning farmers. >> and there's often farmers that are a mixture of both. >> but we're a mixture . >> but we're a mixture. >> but we're a mixture. >> i'm going to draw stumps on this because actually, i'll tell you why this debate has just started. yes. no, no, no, today was not the end of this. it's a marathon, i believe today was the beginning and i think we're

going to see some kind of rural revolt . and i think the most revolt. and i think the most powerful point liz made, apart from the food argument is this doesn't just affect the farmers, it affects the pub, it affects the local engineering company, it affects the whole rural economy. >> we need to grow a lot more food . food. >> oh no no no no no. >> failed to get through in the last parliament. well, no more rewilding brexit opportunity, which we've missed. >> no more rewilding. no more solar farms. let's grow food. right. okay. we're going to take a break. it's it does raise a lot

your turn from home. i asked you, is this just the start of what might become a rural revolt? or just a cry of anguish? john says the way the government are saying the farmers are trying to deny the nhs the extra money, it needs is nauseating. they are capable of low stunts, but that's the lowest. their attempt to derail

farmers via a guilt trip will not work, mick says, unless starmer and his lying cronies are not careful. there will also be an urban revolt, a pensioners revolt, a foreign policy revolt and a two tier policing revolt. this is the worst government of my lifetime. how can they be removed ? they can't. they have removed? they can't. they have a massive parliamentary majority and nothing short of a dramatic economic collapse would remove this government. and folks, i'm sorry, but that is the reality , sorry, but that is the reality, tony says. starmer says it's 3 million for a husband and wife, but if one dies, it will no longer be 3 million. it will drop when they die. so their kids pay more. yeah, i thought he was being very disingenuous. frankly , using that 3 billion frankly, using that 3 billion figure. now, the ramifications of this budget roll on into other sectors. other than farming. a report by the british retail consortium suggesting that actually the real burdens here of national insurance rates of minimum wage increases and

additional burdens from business rates that will be coming in are, frankly, very, very painful. liz talked about the biggest raspberry producers in the country, but actually even firms like tesco's, sainsbury's next are saying they may well have to lay staff off. i met a gp's practice last week who already have laid off two staff, so worried are they that the average increase in employers, national insurance is £1,000 per year for somebody on the average salary? now , alex, you know, all salary? now, alex, you know, all sorts of governments put forward budgets and there's an outcry. you know we've had the pasty tax with george osborne and all sorts of rows. this budget if you're in the public sector it doesn't affect you at all. it's purely a hit on the private sector. >> well look i, i look to the situation with income tax corporation tax. and i knew that somewhere, you know, whether you

agree with the 9 billion figure or the 22 billion figure, there was an economic black hole where we had to. i know john won't agree with this, but we had to look at taxes. right. and i think for a long time a lot of working people didn't want income tax to go up. you know , income tax to go up. you know, 1 to 2% increase in national insurance isn't going to cause, you know, i think there's a lot of dramatic, you know, naturally businesses don't want any tax to go in. oh sorry. sorry. yeah. >> calm down. you know just so passionate. >> no but no no tax. no one wants any tax to go up. right. but there has to be a situation where if you're not going to raise income tax, you're not going to raise corporation tax, which we saw went up last time, you know, where are you going to get the money from john? >> you know, although in truth in truth people's income tax is going up because they've frozen they've frozen the rates dragging more and more people into things like £0.40 tax. i mean, we are paying as a country. our tax burden goes. it went up enormously under the last government. we're paying more and more money. and i wonder for what sometimes. >> well, look, the situation is we know that the nhs obviously needed lots of capital, social

care. we know that, you know, schools. i read an awful report the other day that there's teachers in blackpool where they were having to, you know, the washing machines of some of their students, mums and dads weren't working. they were having to do lots more. i mean, you know, the public, the private sector has always been pitted against each other. and we know that there needs to be some money put into the public sector. >> that's the argument, john. the argument is, look, you know, they've inherited a terrible economic situation and they had to raise taxes in the budget and they didn't have many other options. >> fastest growing g7 economy for the first half of the year, at last, before they took over. and the growth, of course, has fallen off a cliff now because of this dreadful budget. and is that inflation? >> is that a confidence thing ? >> is that a confidence thing? >> is that a confidence thing? >> it wasn't a bad inheritance. and the alleged overrun in the finances are grossly exaggerated. most of it was the extra pay awards made by this government, giving considerably more than the previous government had been willing to give in order to settle some strikes. but the thing they've got to do is get a grip on spending. the last government wasn't very good at this either. the bank of england is going to lose taxpayers more than the 22

billion alleged overrun. this yean billion alleged overrun. this year, and it's planning to lose, according to the obr, £240 billion between 2022 and the final run off of its bonds. it is a disgrace. it should do what the ecb is doing. you might even find that amusing. >> there you are. >> there you are. >> they are limiting the losses considerably compared with the bank of england by following different policies. or do what the fed is doing . all three the fed is doing. all three banks made the same mistake printing too much money and buying too many bonds. but the bank of england is uniquely losing much more and sending the bill to the taxpayer, which, well, hang on. >> i mean , rachel, rachel reeves >> i mean, rachel, rachel reeves was a top economist at the bank of england . well, so we hear. of england. well, so we hear. >> well, i wish she'd look at their accounts and why did they waste so much money on bonds and why are they now making so many losses? another big area that this government's introduced 19 billion for carbon capture and storage , waste of money make our storage, waste of money make our energy and high energy using businesses even less competitive than they are already, because

it's all extra cost. it's not an investment. if you stop those kind of expenditures, you don't need all this extra tax. indeed, you could have some tax cuts because i can find you more than they actually needed to raise to meet their own spending requirements. and what about the productivity public sector productivity? this is 2019 has dropped off a