(4 weeks, 2 days ago)
Commons ChamberOver the next few months, through the spending review, we will review how we can improve the scheme to avoid the very point that the hon. Gentleman has just made, and I will report back to the House later in the summer.
I met young farmers at Duchy College in North Cornwall last week, and it was clear that confidence in the farming sector is at an all-time low, with many looking for alternative careers. In the light of the Government’s hammer blow to SFI payments, on top of the family farm tax, how does the Minister plan to incentivise young people to get into farming, now that they face huge tax bills upon inheriting their family farms and will no longer be incentivised to undertake environmental stewardship and sustainable farming?
I completely disagree with the premise of the question, as the hon. Gentleman will probably realise. He is right to say that we need generational change in farming, and there are a number of ways in which that can happen—
I am not laughing. This is a very serious point. I am genuinely concerned about the future of the farming sector if we do not get generational change. We will look closely at how we can do that. The £5 billion budget that we secured was a very good first step for stability.