Farming Road Map and Profitability Review

Debate between Emma Reynolds and Judith Cummins

Wednesday 24th June 2026 Commons Chamber

[Emma Reynolds]

And Conservative Governments.

For too long, farmers have been asked to navigate profound change without a clear sense of the Government’s plan for the future. The pressures of fast-moving technological change, geopolitical instability, volatile global markets and climate change are real. I have met farmers across England, and they are not asking for protection from change; they are asking for the tools, the stability and the genuine partnership with Government that will allow them to adapt, grow and thrive. The Government have heard that message. The farming road map sets out our plan for farming up to 2050 and reflects immediate Government action to support our farmers to feed the nation.

I offer my huge thanks to Baroness Batters for her farming profitability review, which was published in December. We have benefited hugely from her incredible experience and expertise as a farmer, but also as a former president of the National Farmers’ Union. Her analysis was extremely clear, and her recommendations have shaped our road map. 

The farming road map answers the farming industry’s calls for clarity over the long term. It brings together the most important policies and commitments under one coherent plan, because we understand that farmers have long planning timescales. For example, a farmer planting an orchard today will not see its full yield for a decade. That is why the road map is so crucial: it will allow farmers and land managers to invest in their businesses with confidence. 

The road map is organised around three outcomes that we need to deliver together with the farming sector. The first is profitable and productive farm businesses. Food production is the primary purpose of farming and a matter of national security. The road map backs our farmers to grow, invest and compete, delivering year-on-year productivity growth; Government support to invest in innovative approaches; fairer supply chains that do not leave farmers carrying disproportionate risk; better market access, so that British food can reach more customers at home and abroad; smarter regulation that reduces the burden on farmers; more collaborative models, such as co-operatives, to help lower costs, spread risk and support stronger returns; and, most of all, the stability and certainty that investors and farm businesses need to invest with confidence. To that end, I can confirm today that we will launch a dedicated task-and-finish group to unlock private finance in sustainable farming. The new Farming and Food Partnership Board has started work on the first sector growth plans for horticulture and poultry, with more sectors to follow. 

The second outcome is a sustainable farming sector. Healthy soils, clean water and thriving ecosystems are the foundations of strong food production. We will support the shift to lower-input, lower-emission farming, not by directing every decision on farms but by ensuring that the right incentives, advice and regulation are in place. Our environmental land management schemes, backed by £11.8 billion over this Parliament, are already delivering sustainable and profitable farming, now and for the future. This is the biggest budget for nature-friendly farming in our history. I can confirm that next week we will reopen the sustainable farming incentive for small farms and those without existing agreements. The total budget for this year will be £240 million, with £60 million ringfenced for those eligible in window 1. We will continue to refine our schemes in partnership with the sector. The road map gives equal importance to food security, profitable farming and a healthy natural environment, because they are all critical to protecting our national security. 

Thirdly, and finally, we need a resilient farming sector that is ready for whatever comes next. We live in a volatile world. The pressure on fertiliser and fuel prices underlines why we need farming systems that are less exposed to global shocks. At the same time, climate change is reshaping growing conditions and technology is moving fast. The road map sets out how we will strengthen our climate resilience, ensuring that farmers are able to adapt and to tackle the impacts of droughts and flooding. 

Today I can confirm that we are investing an additional £53 million in the farming innovation programme to help farmers harness new technology that can improve productivity, reduce reliance on inputs and increase long-term resilience. That brings the total investment in innovation funding to £123 million, which, along with £50 million in equipment funding, puts British farmers at the forefront of agricultural advancements. 

To further secure the future of farming, we will invest in the skills and people the sector needs by supporting training and new entrants, so that farmers’ hard-earned knowledge is passed down to the next generation. Tenant farmers manage around a third of England’s farmland, and tenancies play a key role in supporting new entrants. We want a vibrant tenanted sector, and the road map commits to making schemes, policies and tenancy agreements work for tenants. 

Upland farmers are also vital to our food production, land management and rural communities. They often operate in challenging physical and economic conditions. The road map sets out how we intend to improve access to schemes and support for upland farmers, and we have asked Dr Hilary Cottam to identify opportunities for upland communities to flourish. 

The road map was not written in Whitehall and handed down; my team in the Department and I have visited many farms across the country, and many more farmers have travelled to speak to us at regional events, and we have listened. The road map reflects our extensive engagement with farmers, growers, land managers and the wider food sector. As I mentioned at the start of my speech, farmers have asked for a Government who create the conditions for farmers to succeed, rather than directing every decision. The road map sets out clear roles for the Government, farmers, supply chain actors and the wider sector to make that vision a reality. Where new approaches are untested or deliver a wider public good, we will put Government investment behind them—in skills, data, innovation, technology and infrastructure. 

The road map has been developed in partnership with the industry, and we want to continue to work in partnership as we implement it. This Government are proud to work with British farmers as we grow the future of farming. Together, we are building a more profitable, productive, sustainable and resilient farming sector, and I am confident that there is a bright future ahead. I commend this statement to the House.

[Madam Deputy Speaker (Judith Cummins)]

I call the shadow Secretary of State.

International Investment Summit

Debate between Emma Reynolds and Judith Cummins

Thursday 17th October 2024 Commons Chamber

[Emma Reynolds]

Indeed, I did. Business wants the Government to take a pragmatic approach, not an ideological approach, to our relationships with our main trading partners, and that is exactly what our new Government are doing.

I am pleased to report that we are not resting on our laurels; far from it. On Sunday, the Business Secretary announced the launch of an industrial strategy advisory council, which will be chaired by Clare Barclay, the CEO of Microsoft UK. The Business Secretary also announced our modern industrial strategy Green Paper, setting out eight growth-driving sectors: advanced manufacturing; clean energy industries; creative industries; defence; digital and technology; financial services; life sciences; and professional and business services. This is not about picking winners; it is about building on the UK’s unique strengths and untapped potential to enable our already world-leading services and manufacturing industries to adapt, grow and seize the opportunities to lead in new and emerging industries.

At the summit, the Prime Minister set out the Government’s commitment to a pro-growth approach to competition and regulation, to create a dynamic business environment that will strengthen our foundations and help deliver our growth mission and industrial strategy. As investors made clear, they have a choice of where to invest. We must not rest on our laurels; we must make sure that we forge ahead with these policies, because we need investors to make a positive choice to invest in our country. As one private sector speaker said at the summit, we do not want investors just to invest; we want them to place a big bet on investing in the UK.

The Chancellor also confirmed two new innovative measures to ensure that our public finance institutions can better catalyse billions of pounds in private investment. We turbocharged the UK Infrastructure Bank to become the national wealth fund, which will have £27.8 billion to catalyse investment that would not have otherwise taken place. We have also launched the British Business Bank’s new pathfinder British growth partnership, a vehicle to crowd pension fund investment and other institutional investment into venture capital funds and innovative businesses.

We have committed to bringing forward a tax road map, long demanded by businesses across the economy, at the Budget. This will give businesses the certainty and predictability to plan for the future. As the Chancellor has already made clear, we will cap the rate of corporation tax at 25% for the duration of this Parliament. Gone are the days when a Government—the previous Government —would announce a decrease in corporation tax, then announce an increase and then, months later, reverse the decision again at the next fiscal statement. We want to ensure that businesses have predictability. We have also said that we will maintain our capital allowances offer, with full expensing and a £1 million annual investment allowance.

We will also reform and turbocharge the Office for Investment, which will sit under our new joint Treasury-Department for Business and Trade Investment Minister, Poppy Gustafsson, the founder and former CEO of Darktrace. This is a clear demonstration of the Government’s commitment to better serving the needs of investors and breaking down the silos between Departments, which have too often prevented transformative Government policy.

We are determined to drive the transformational investments that the country so desperately needs to fulfil its economic potential. Such measures, introduced within just 100 days, show that this Government are not just about warm words; we mean business, in every sense of the phrase.

This week’s summit was a major vote of confidence in the UK’s economic future and in this Government’s commitment to realising it. The investments and partnerships forged at the summit will have lasting impacts, driving growth, innovation and sustainability for years to come. It was not just a one-off event; it was a first milestone in our ongoing work to build a deep and meaningful partnership with business, drive economic growth and create good jobs for working people up and down this country at all levels of society. As we move forward, let us work together across the House to ensure that the benefits of these investments are felt by all our citizens across every region of our great nation.

Before I finish, I want to say that the particular highlight of the summit for me was the evening reception at St Paul’s, at which His Majesty the King was present and at which many of us were delighted to hear Elton John, who had some very warm words to say about our new Government. He said something like, “We’ve been in the doldrums for the last few years, but now we have a new Government under the leadership of a new Prime Minister and things are looking up.”

As the Chancellor made clear in her closing speech at the summit, since taking power this Government have put unlocking private investment at the heart of everything we do. Our investment summit demonstrated our commitment to growth and that the UK is once again open for business.

[Madam Deputy Speaker (Judith Cummins)]

I call the shadow Secretary of State.