Farmers strike and warn of ‘empty shelves’ and ‘rationing’ of bread which could spark ‘panic buying’ – London Business News | Londonlovesbusiness.com

Date:

Share:


Farmers across the UK are refusing to release milling wheat and have warned “no hot cross buns for East” and there will be “no barbecue baps” which could lead to a shortage of bread.

Farmers are striking in response to Rachel Reeves’ “cruel” inheritance tax raid on farms and have come together to highlight the “fragility of supply chains” and to point out that wheat imports is far from reliable.

In 2024 British farms produced 14 million tonnes of milling wheat and around 85% of wheat in bread is from UK farmers.

A striking cereal farmer Olly Harrison said, “Milling wheat is staying on farms. Farmers that grow milling wheat have gone on strike from April 1.

“They will not be loading any trucks with milling wheat, and we will probably run out of flour.

“So, if you’re wondering why the shelves are empty, get onto your local MP and say you need to help these farmers out – you can’t carry on putting them out of business.

“If there is rationing on bread and cakes and hot cross buns, it is the politicians’ fault. It’s not our fault. We can’t carry on like this or we won’t be in business.”

One organiser wrote X, “No hot cross buns for Easter! No barbecue baps! It might be April Fool’s Day but Britain’s food security is no joke.”

The Farming Forum wrote on Monday to farmers on their blog telling miller wheat farmers to “join others and do not load form April 1st for at least the first 2 weeks of the month.”

“If you have a existing contract you have until the end of the month to deliver it.”

They added, “if you are not a milling wheat grower, you may wish to invest in your farm’s future with a trip to your local shops and buy a bit extra, get those shelves empty faster, we have seen panic buying on fuel and toilet rolls in the past.”

A Government spokesman said, “This Government will invest £5billion into farming over the next two years, the largest budget for sustainable food production in our country’s history.

“We are going further with reforms to boost profits for farmers by backing British produce and reforming planning rules on farms to support food production.

“Our reform to Agricultural and Business Property Reliefs will mean farmers will pay a reduced inheritance tax rate of 20%, rather than the standard 40 per cent for other businesses, and payments can be spread over 10-years, interest-free.

“This is a fair and balanced approach, which fixes the public services we all rely on, affecting around 500 estates a year.”





Source link

━ more like this

OpenAI completes corporate reorganization with support from Microsoft

OpenAI has completed its long, drawn-out reorganization into a public benefit corporation, the company announced today in a blog post attributed to board...

More than 300,000 self-employed taxpayers could face fines if they miss a key HMRC deadline – London Business News | Londonlovesbusiness.com

Taxpayers submitting a paper Self Assessment return must do so by October 31. Although digital submissions are far more common, government figures show that...

Equities shine as gold tumbles – London Business News | Londonlovesbusiness.com

Equity markets were in ebullient mood last week with global equities gaining 1.9% and 2.5% in local currency and sterling terms respectively. China and...

America’s Sovereign AI supercomputers will use AMD chips

AMD is working with the US Department of Energy to build sovereign AI supercomputers at Oak Ridge National Laboratory, the agency's famous research...

Reeves Budget could lead to ‘store closures’ and the loss of tens of thousands of jobs – London Business News | Londonlovesbusiness.com

The Chancellor has been warned by hospitality groups and major retailers that Rachel Reeve’s planned business rates could put 120,000 jobs at risk...
spot_img