Environment Secretary Emma Reynolds delivered a speech at the 2026 Oxford Farming Conference, outlining new government commitments to support British farmers. She announced that the inheritance tax threshold for Agricultural and Business Property Relief will rise from £1 million to £2.5 million, allowing couples to pass on up to £5 million tax‑free. The Secretary also introduced a Farming and Food Partnership Board, a £30 million Farmer Collaboration Fund, and a £30 million extension of the Farming in Protected Landscapes programme. Changes to the Sustainable Farming Incentives scheme aim to simplify the process, broaden access, and increase fairness. The speech also highlighted planning reforms, new trade deals, and a £10.5 billion investment in flood defences and biosecurity.
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https://www.gov.uk/government/speeches/secretary-of-states-address-to-2026-oxford-farming-conference
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