Budget: Implications for Farming Communities

Caroline Voaden Excerpts
Monday 4th November 2024

(1 day, 20 hours ago)

Commons Chamber
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Caroline Voaden Portrait Caroline Voaden (South Devon) (LD)
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South Devon has some of the most expensive land in the country, which makes every farm, regardless of its size, worth a lot of money on paper. One farmer in my constituency said over the weekend:

“We may be land rich but we are cash poor and our children will more than likely have to sell the land and maybe buildings to cover the tax. Without the land, the farm is simply no longer a farm, taking valuable land out of food production.”

The Minister says he values food security, and agricultural property relief gave us that food security. He says—

Lindsay Hoyle Portrait Mr Speaker
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Order. I think the Minister has got the point.