Welsh Conservatives set to launch its 'Welsh Farming and Countryside Scheme' at the Royal Welsh Winter Fair, as an alternative to the Welsh Government's 'damaging' Sustainable Farming Scheme

The NFU said their campaign to overturn the family farm tax has attracted an increase of 50,000 signatures over just two days in the lead-up to and after the NFU's mass lobby of MPs in Westminster this week

Welsh Conservatives said the family farm tax will be 'detrimental to the future of farming in Wales', warning that food security will be 'threatened and food prices will rise'

The NFU said the Government's initial claim that only 27% of farms will be affected by the new IHT policy 'materially underestimates the true proportion'. Their analysis found 'around 75% of commercial family farms will be above the £1 million threshold'

NFU deputy president David Exwood said it was ‘very clear that tenants will be impacted' by the Government's IHT proposals

Secretary of State Steve Reed said some landowners and farms will pay more inheritance tax as a result of the changes, but he said the Government wanted to 'support family farms'

Secretary of State Steve Reed said the roadmap would be focused on making farming and food production 'more profitable in the decades to come', and farmers will tell Government what they need to make a 'success of this vital transition'

Steve Reed told Farmers Guardian he was not concerned about a farmers’ strike following the London protests

Baroness Rock has urged the Government to think again, stating it was not too late to change

Secretary of State Steve Reed said: "Assuming these projections from HMRC validated by Office for Budget Responsibility [OBR] and Institute for Fiscal Studies [IFS] are correct, than many of them, probably happily are wrong"