(2 weeks, 6 days ago)
Lords ChamberTo ask His Majesty’s Government what steps they are taking to improve food security.
My Lords, the Labour Government have committed £5 billion to the agricultural budget over the next two years, which is the biggest budget for sustainable food production and nature’s recovery in our history. The uplift to £1.8 billion, in 2025-26, for environmental land management schemes will boost food security and accelerate the transition to a more resilient and sustainable farming sector. We are also investing £60 million to support farmers who were affected by the unprecedented extreme wet weather last winter.
I thank the Minister for her Answer. As an agricultural adviser in a previous life, I observed at first hand the vital contribution of both research and investment to agricultural productivity, which is fundamental to domestic food production and food security. Yet both the NFU and CLA estimate that the recent changes to APR and BPR will lead to a substantial reduction in investment. Were the impacts of these tax changes on investment and productivity modelled with Defra before their introduction? If not, can His Majesty’s Government undertake such an impact assessment and make it available to Members of the House?
As I am sure noble Lords are aware, we are reforming APR and looking to do it in a way that protects small family farms and protects food security and resilience. The right reverend Prelate made some good points around this and the potential impacts of it. I will take his comments back to my honourable friend the Farming Minister, who is currently in discussions on those matters.