Tesco has joined other major supermarkets in warning that Labour's inheritance tax raid on farmers threatens Britain's food security. Ashwin Prasad, Tesco's chief commercial officer, backed calls for a pause in the controversial Budget measures,

Tesco, Aldi and Lidl call for rethink of inheritance levy announced in Budget

Tesco is the latest supermarket giant to hit out at Chancellor Rachel Reeves over the farm tax. The supermarket giant called for Ms Reeves to rethink the introduction of inheritance tax on farms worth more than £1 million to safeguard British agriculture.

Supermarkets Lidl and Tesco have added their names to calls for a consultation over the government’s reforms to inheritance tax, citing concerns the changes would dent farmer confidence and choke off investment.