Business of the House

Greg Smith Excerpts

Thursday 21st November 2024 Commons Chamber

[Lucy Powell]

I join my hon. Friend in paying tribute to our road haulage community. In recent times, we have really understood the value of their contribution to keeping our country and our economy going. She is absolutely right to highlight the haulage crime raised with her by the Road Haulage Association. Home Office questions are next week, and she might want to raise these important matters then.

[Greg Smith (Mid Buckinghamshire) (Con)]

The Leader of the House will have surely seen the thousands of hard-working farmers who came to Whitehall on Tuesday to protest against the cruel family farm tax. While he was at COP29, the Prime Minister tried to defend his policy by quoting BBC Verify, but BBC Verify has now deleted its comment supporting the Government. Likewise, The Telegraph has reported this week that a Treasury source has told it that no impact assessment will be published on the family farm tax until just before the next Budget. Will the Leader of the House get the Chancellor to come to the Dispatch Box, so that we can have an informed debate about the actual impact the family farm tax will have on the constituents of all Members of the House, including her own Back Benchers who represent rural seats? Her colleagues can then decide whether they stand with their party or with the farmers.

[Lucy Powell]

We are absolutely clear and the figures are absolutely clear, because they are based on actual claims for agricultural property relief that have been made in recent years. Those figures show that around three quarters of claims would be unaffected by the changes we have made. Does the Conservative party accept the principle that 40% of the total value of agricultural property relief comes from ownership of the top 7% of claims by land value? Do Conservative Members think that is a fair system? Is that fair to young farmers trying to get into the industry? Do they support the additional £6 billion we have put into farming as a result of the Budget? They cannot support the funding going in if they do not support the measures needed to raise that investment in the first place.