Farming and Food Security

Gavin Williamson Excerpts

Tuesday 8th October 2024 Commons Chamber

[Sir Gavin Williamson (Stone, Great Wyrley and Penkridge) (Con)]

I know that many farmers in my constituency of Stone, Great Wyrley and Penkridge are deeply worried about some of the talk about changes to the tax regime, not just to inheritance tax, but to capital gains tax, and how that will impact the future viability of their business and the ability for farms to be farmed by families.

[John Lamont]

My right hon. Friend makes an excellent point about both the funding arrangements and the tax changes that have been speculated about in the press.

Farmers are in the dark about what comes next. There may be budget cuts and there may be financial pain, but they do not really know. The Government should be listening to NFU Scotland, which recently submitted a detailed budget submission to the United Kingdom Government. Let me put on record what that submission said. It underlined the need for an increased, multi-annual, ringfenced agriculture and rural economy funding commitment in the Budget. Labour must also pay attention to the warning from NFU Scotland that, without adequate funding from the UK Government, the majority of farmers in Scotland would cease to be viable.

This Labour Government cannot do to farmers what they have done to pensioners by cutting their winter fuel payment. The change they promised in the election is already looking hollow to the Scottish and British public. If they go on to cut farmers’ funding, that will reveal again that Labour is not on the side of businesses and workers. It will show that all its priorities are wrong. I do hope that it will see sense, listen to our farmers and do the right thing.