Independent Lifeboats: Government Support

Anna Gelderd Excerpts

Wednesday 29th October 2025 Westminster Hall

[Anna Gelderd (South East Cornwall) (Lab)]

It is always a pleasure to serve under your chairship, Mrs Harris, and I congratulate the hon. Member for Hamble Valley (Paul Holmes) for securing this important debate. As someone who previously worked for the RNLI and now represents the beautiful rural and coastal constituency of South East Cornwall, I see every day how lifeboats sit at the heart of our community. In Cornwall, all our lifeboat cover is provided by the RNLI, and those crews are part of our shared identity, heritage and economy. However, I recognise the huge contribution made by independent lifeboats, including in the constituencies that have been mentioned.

The south-west is one of the busiest regions to keep safe, with over 300 miles of Cornish coastline. Saltash in my constituency is the proud home of the RNLI’s south west flood rescue team, and I commend its work in having a regional response to such a crucial issue. The dedication is remarkable and the crews deserve real, practical support.

During the summer, I had the privilege of visiting the RNLI station in Looe during one of its training evenings. I met several dedicated volunteer crew members, including operations manager Clive Palfrey and crew member Vicky Thomas. Many of the crew, as hon. Members might imagine in an area such as mine, are also busy members of the local inshore fishing fleet, and it is truly inspiring that they make the time to be volunteers as well. I was deeply impressed by the team’s professionalism. I saw how vital every piece of equipment is to its operations, particularly the two lifeboats, and I had the opportunity to try on some of the safety equipment. As we watched the lifeboat launch, I have to admit that it quickly became one of my favourite visits.

The crew’s passion for keeping both the local community and visiting tourists—so important in Cornwall—safe on our waters is really inspiring and shared across all lifeboat crews, including independent lifeboats. The country knows about their dedication and the fundraising efforts involved, with communities coming together in support of crews. We owe a great deal to those volunteers, and I want to take the opportunity to thank them for their dedication and courage.

While the RNLI does such a fantastic job keeping our Cornish communities safe, I appreciate that those operating elsewhere perform the same lifesaving work, often through local fundraising alone. I believe that the Government should continue to recognise both RNLI and independent services as essential partners in maritime safety, ensuring that every coastal community, including mine, has the support that it needs to stay safe at sea.

Inheritance Tax: Family-owned Businesses

Anna Gelderd Excerpts

Tuesday 3rd June 2025 Westminster Hall

[The Exchequer Secretary to the Treasury (James Murray)]

It is a pleasure, Sir John, to speak in this debate with you as Chair, and I congratulate the hon. Member for Mid Dunbartonshire (Susan Murray) on securing it—I notice that the debate is being opened and closed by a Murray.

I know that some Members are very concerned about the impact of forthcoming reforms to inheritance tax reliefs on businesses in their constituencies, and I understand that people feel very strongly about inheritance tax. I should be clear that the Government believe that our reforms to business property relief and agricultural property relief get the balance right between supporting farms and businesses and fixing the public finances in a fair way. The reforms reduce the inheritance tax advantages available to owners of agricultural and business assets, but still mean that those assets will be taxed at a much lower effective rate than most other assets.

Let me make clear that, much like the hon. Lady set out, the Government recognise and greatly value the huge contribution that small and family-owned businesses make to their communities and the economy. Businesses large and small, including family businesses, will create jobs and wealth and be the engines of growth in the economy. Those businesses and their workforces are the backbone of our economy, and they are fundamental to kickstarting economic growth, which is the Government’s No. 1 mission. Those businesses need a Government who will take the right decisions in the national interest, including when they are difficult, to support our security and prosperity.

People who own, run and work in businesses of all sizes will remember the economic context that we inherited last year. They know how important responsible financial management is within their own businesses and how the success of businesses and their workforces depends on economic stability and public services that function well. I believe that many of them will understand that, since taking office, the Government have taken a number of difficult but necessary decisions on tax, welfare and spending to restore economic stability, fix the public finances and support public services. None of these decisions, including the decision to reform agricultural property relief and business property relief, was taken lightly, but those tough decisions were left to us by the previous Administration, and no responsible Government could have let things carry on as they were.

Alongside our work to stabilise the economy and restore discipline to the public finances, the Government are determined to do everything we can to support businesses to grow. We are overhauling the UK’s regulatory system to reduce burdens on businesses by 25% by the end of this Parliament. We have secured trade deals that will slash the cost of doing business abroad, reduce border checks, cut tariffs and axe red tape. Those trade deals will support jobs and create opportunities for Great British businesses in our biggest current markets and in one of the world’s biggest future markets, too.

The Government expect to publish an SME strategy later this year. It will set out the Government’s vision for SMEs, from encouraging entrepreneurship to boosting scale-ups across key policy areas, such as creating thriving high streets, making it easier to access finance, opening up overseas and domestic markets, building business capabilities and providing a strong business environment.

Despite the tough fiscal inheritance at the election last year, we have also taken decisions to continue supporting small businesses through the tax system. We have chosen to increase the employment allowance to £10,500 to take many small businesses out of paying national insurance contributions altogether. We froze the small business rates multiplier to protect small properties from inflationary bill increases, and we will introduce permanently lower business tax rates for small retail, hospitality and leisure businesses from 2026.

[Anna Gelderd (South East Cornwall) (Lab)]

In rural and coastal communities such as South East Cornwall, family-run businesses and farms are the backbone of the local economy. Does the Minister agree that any changes to inheritance tax must be carefully shaped to support our local businesses and farms to plan for their future so that they can pass on their hard-earned success?

[James Murray]

My hon. Friend is a great champion of businesses and farmers in her constituency. When we were deciding how to reform agricultural property relief and business property relief, we made sure that generous tax reliefs still existed in the tax system precisely because we want to continue to support small and family-owned farms and businesses in particular. I will come to those in a moment.

I am conscious that you asked me to give you a few moments at the end, Sir John. Do you mean at the end of my remarks?