MP urges Chancellor to restore confidence in British farming

Carla Lockhart MP • February 26, 2026

Upper Bann MP Carla Lockhart MP is calling on the Chancellor to use the upcoming Spring Budget to right the wrongs of her previous actions.

In a letter addressed to the Rachel Reeves MP, the DUP’s Westminster Agriculture spokesperson, has urged the Treasury to reconsider its inheritance tax reforms, and deliver meaningful and practical support which will restore confidence in British farming.


Ms Lockhart said: “The Spring Budget statement is due on Tuesday, 3rd March. This is an opportune time for the Labour Government to redeem itself in the eyes of the farming community and the wider agri-food sector.


“Sir Keir Starmer’s Government promised to bring change to our country – they certainly have, but not in the way voters anticipated. Labour has abandoned its pledges and failed to deliver on its pre-election promises.


“Their claim to support working people is heavily disputed. Farmers are hard-working people, but they have been dealt blow after blow since Labour came to power.


Ms Lockhart said: “Farmers across the United Kingdom are operating under immense financial pressure and mental strain. Many are working on minuscule margins, facing spiralling costs and uncertainty that is actively discouraging long-term investment. Confidence in the sector is at, or very close to, historic lows – a situation that is hugely concerning.


“British farming supports hundreds of thousands of jobs and underpins an agri-food sector worth £153 billion to our national economy. If the government is serious about economic growth and food security, it must ensure farmers feel valued, and provide tangible support for primary producers in next week’s spring budget.”


Carla Lockhart MP added: “Maintaining the current reduced rates of fuel duty for red diesel is also critical. For machinery-intensive farm businesses, any increase would significantly raise operating costs at a time when margins are already under severe strain.”


In her letter, the MP also highlighted widespread concerns over planned changes to inheritance tax relief from April 2026, which many fear could undermine family farm succession planning and long-term viability.


She continued: “Family farms are the backbone of our rural communities. The uncertainty around inheritance tax relief risks destabilising generational businesses that have fed this nation for decades.


“The Chancellor must provide clarity and reassurance to protect the future of these farms. After months of campaigning, common sense has prevailed to a certain extent, but raising the threshold to £2.5m per person doesn’t go far enough. It’s a hard won concession, but fails to address the fundamental unfairness that remains embedded in the Finance Bill.


“Even with the threshold raised from £1m to £2.5m per person, more than 4,500 farms in Northern Ireland will still be impacted by the government’s ‘death tax’.



“Ultimately, I would like to see this policy scrapped in totality. There is a profound unfairness at the heart of this policy, which the Treasury has yet to explain or justify.”

Share

By Carla Lockhart MP May 20, 2026
Upper Bann MP Carla Lockhart has said urgent action is needed to address mounting pressures facing domiciliary care services after meeting with Southern Trust leadership alongside DUP colleagues Diane Dodds MLA, Diane Forsythe MLA and Gareth Wilson MLA, as well as Pauline Shepherd, Chief Executive of Independent Health and Care Providers (IHCP), to discuss the challenges facing the sector. 
By Carla Lockhart MP May 20, 2026
Upper Bann MP Carla Lockhart has raised serious concerns regarding the condition of both Lurgan and Kernan Cemeteries following a growing number of complaints from residents and families.
By Carla Lockhart MP May 20, 2026
Upper Bann MP Carla Lockhart has reaffirmed her opposition to Digital ID, warning that proposals being advanced by Government raise serious concerns around privacy, personal freedom and individual choice.
By Carla Lockhart MP May 20, 2026
Upper Bann MP Carla Lockhart has launched a scathing assessment of the Government following debate on the King’s Speech, accusing Ministers of being “completely out of touch” and failing to grasp the issues causing deep frustration among ordinary people.
By Carla Lockhart MP May 20, 2026
Upper Bann MP Carla Lockhart has praised the generosity and community spirit on display after attending two local coffee morning fundraisers supporting important causes across the area.
By Carla Lockhart MP May 13, 2026
Carla Lockhart MP has called for urgent clarity and action from the Stormont Executive over the future of forestry support schemes, warning that unnecessary delays and post-Brexit trading barriers are undermining efforts to expand native woodland planting across Northern Ireland.
By Carla Lockhart MP May 13, 2026
Upper Bann MP Carla Lockhart has responded to the Government’s proposed legislative programme outlined in the King’s Speech, describing it as “underwhelming, tone deaf and disconnected from the concerns of ordinary people across the United Kingdom.”
By Carla Lockhart MP May 12, 2026
DUP Agriculture spokesperson, Carla Lockhart MP, has hit out a PETA billboard erected in Lisburn ahead of this week’s Balmoral Show, describing it as another deeply misleading and insulting attack on Northern Ireland’s farming community.
By Carla Lockhart MP May 7, 2026
Upper Bann MP Carla Lockhart has welcomed news that wool prices have hit a 10-year high.
By Carla Lockhart MP May 7, 2026
Upper Bann MP Carla Lockhart has questioned the timing and motive of the NAP (2019) review carried out by the Office for Environmental Protection (OEP), warning that it risks ‘stoking the fire’ rather than delivering meaningful progress.