'We're in danger of losing an industry!' Rachel Reeves issued stark Budget warning as farmer fears financial collapse

In new polling by Riverford, seven in 10 farmers have said making a living now through farming has "never been harder".

The stark revelation comes at an already difficult time for farmers who are facing an increase in inheritance tax, dubbed the Family Farms tax, which will see agricultural assets worth more than £1,000,000, most of them taxed at a rate of 20 per cent.

Discussing the latest polling, Mr Bailye told GB News: "They're shocking numbers indeed, but I don't think for any farmer that might be watching tonight, it will come as any surprise to them.

"And quite frankly, I don't think it should come as any surprise to anybody who really thinks this through, that when you hand complete control of food supply pretty much to four or six large businesses in the UK that basically control the entire supply of food, it should come as no surprise really.

"That's going to end in an abusive relationship where suppliers race to the bottom, where suppliers are screwed down on price to a point where it's just unsustainable and they can't make profit."

Highlighting the impact of the current economy on farmers, he added: "And on top of everything else that's going on with farming, it's hard enough at the moment with weather issues and things, it's part and parcel of our job, we know and we can deal with those.

"But then you pile on the political pressure and what that's doing to industry right now. We are really at a breaking point where we're really in danger of losing an industry."

Speaking to another British farmer, host Ben Leo asked farmer Ben Aveling whether he has ever asked himself "what is the point" of carrying on.

Mr Aveling told GB News: "I think every farmer has had that kind of attitude, especially when it's been as wet or as cold as it has lately. But you can't forget the fact that we're in this terrible hole with supermarkets, because of the problems we have with the imports.

"You have really high quality, brilliant standard of produce in the UK that we farmers produce very more often than not at lower than the cost of production, yet our entire market is flooded with imported food that would be illegal to make here, illegal to grow here, not allowed to be sprayed here, the Food Standards for the animals and welfare etc.

"So you've got farmers in the UK producing a product that the local markets need to be buying, but yet when they don't want to buy those products because they don't think they would, they think they can make more money off them, they just flood it with imports."

Revealing that there are companies that "farm wash" and pretend that products are from British farms, Mr Aveling said: "You can search for yourself and I've got videos and Clive is campaigning for this as well, they essentially get produce that isn't British, make it look like it's from a British farm, but there's somewhere in the small print it's not.

"People buy it because they think it's British and they don't even realise they're buying it. And it looks like it's from a little tweed farm in the UK, it's not.

"And it's manipulating buyers into buying something that costs the supermarket a lot less to buy in, and it takes our British premium that we work for and people look for."

Our Standards: The GB News Editorial Charter