Labour urged to drop fertiliser tax that risks higher food prices - News Summed Up

Labour urged to drop fertiliser tax that risks higher food prices


Labour has been urged to drop a new net zero tax on fertiliser to help farmers hit by soaring costs from the Iran war. The UK is poised to introduce a levy on imported carbon-intensive fertiliser at the end of this year under a scheme to cut emissions. It is anticipated that this cost will be passed on to consumers by pushing up food prices. Fertiliser is currently trading at £618 a tonne, according to the Agriculture and Horticulture Development Board. Since the conflict broke out in late January, around one million tonnes of fertiliser have been stranded in the Gulf.


Source: The Times April 08, 2026 02:30 UTC



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