Watch the moment Nigel Farage clashed with Jacob Rees-Mogg at the farmer protests in central London over which party is seizing the initiative on the matter.
The two GB News stars made clear their strong opposition to Labour’s inheritance tax changes which farmers are up in arms about.
But they disagreed on whether it is Reform or the Conservatives who are in the best position to make a stand as Nigel vowed to scrap inheritance tax fully.
The Conservatives have not made a similar pledge, but Jacob urged party leader Kemi Badenoch to follow suit.
Nigel Farage locked horns with Jacob Rees-Mogg
GB NEWS
Jacob told GB News: “We should be saying that we will abolish death duties altogether. We need to take a lead on this.
“It’s not just about farmers and businesses, it’s about this desperate, cruel, unfair tax on sadness. It should be abolished full stop.”
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Nigel chimed in to say the Tories “can’t take the lead” as his party, Reform UK, has already done so.
Jacob contested his fellow right-winger, saying he has been calling for the abolishment of inheritance tax “for years”.
He continued: “I wasn’t in a position to do it – but you haven’t been in a position to do it either.
“We’re both just voices crying in the wilderness.”
Jacob Rees-Mogg says he wants inheritance tax scrapped
GB NEWS
The Reform UK leader, hinting at his party’s recent polling success, told the ex-Tory MP “my wilderness may not be quite what it was”.
“We’re going to win the next general election and we’re going to abolish inheritance tax. End of.”
It comes as Nigel has been forced to bat away suggestions he is willing to entertain the idea of a pact with the Tories.
Jacob has long called for the populist group to come to some sort of arrangement with the Tories in a bid to “unite the right” and take on Keir Starmer’s supermajority.
Farmers protesting in London in November 2024PA
Shortly after the clash, Jacob was quick to praise the man leading the Reform movement.
“On a personal level, I have always been a fan of Nigel’s and if he is going to abolish the inheritance tax, that’s a jolly good thing”, he said.
“I would encourage the Conservatives to do it too. It’s an iniquitous tax.”
The rally marks the latest action in farmers’ ongoing campaign against proposed changes to inheritance tax rules.
Labour has confirmed it will not reverse its plans to introduce a 20 per cent inheritance tax rate on farms valued above £1 million.
The changes, which were announced in the Budget, are set to take effect from April 2026.
The new measures will eliminate the current exemption that allows family farms to be inherited without paying inheritance tax.
The National Farmers Union, which has previously organised similar protests, has expressed its support for members participating in today’s demonstration.