(2 weeks, 3 days ago)
Commons ChamberGiven the raid on family firms, it is worth pointing out that the art of a good Budget and smart taxation is plucking the goose to get the maximum number of feathers with the minimum amount of hissing. On that basis, I am afraid this Budget fails lamentably, and it certainly does in my constituency.
The Secretary of State for Business and Trade, in his opening remarks, said that 500 farms a year will be affected by the Budget’s changes to agricultural property relief. He said it casually, as if it is acceptable. Well, that is approximately one for every constituency, and very much more in rural constituencies. The prospect of this affecting, and potentially closing, two farms a year in my constituency is, frankly, horrendous. I urge the Government to think again.
I agree with the Government that it is legitimate to look at those who are land-banking to avoid inheritance tax. If that is their intention, they will have support across the House, but attacking family farms is not on, and I hope the Government will think again.
The Government say that growth is their No. 1 priority. How so? In my constituency, as we have heard, the long-awaited A303 improvements have been canned, and I suspect that the A350 improvements will follow, as the north-south strategic study that was to be the prelude to a Westbury bypass looks like it has been indefinitely delayed.
My right hon. Friend is making a characteristically excellent speech, and he mentions the transport projects that have been scrapped. We have not heard about what is happening to the North Hykeham relief road in my constituency. Does he agree that investing in roads in this way creates growth?
My hon. Friend is absolutely right. A Government who are going for growth do not can big infrastructure projects.
As the mercury drops, the removal of the winter fuel allowance is becoming a real worry to many of our rural constituents who live in old, cold homes, many of which have no access to gas.
As we approach Remembrance Sunday, the Department for Education, in its wisdom, has decided to remove funding for combined cadet forces. CCFs have tripled since 2012, and they are a powerful engine for social mobility, as are our armed forces overall. They give kids the confidence they need, for a small amount of money. The withdrawal of funding is appalling. As we all stand around our war memorials this Sunday, we will, of course, be admiring our cadets. It seems spiteful and vindictive that the Government are removing their support.
The Government need to go for growth, but damaging our farmers and our infrastructure, particularly in rural areas, is not the way ahead. I urge them to think again.