Oral Answers to Questions

Jeremy Hunt Excerpts

Thursday 6th February 2025 Commons Chamber

[Emma Hardy]

I thank my hon. Friend, who is right to highlight how the previous flooding formula discriminated against rural communities because it was based purely on the number of properties protected, not on creating the right solution in the right area. That is exactly why we wish to reform the formula, and we will be announcing a consultation very shortly.

[Jeremy Hunt (Godalming and Ash) (Con)]

Given that the Office for Budget Responsibility refused to endorse the £22 billion black hole figure—in fact, it refused to say that there was any black hole at all—will the Secretary of State tell the House what possible justification there can be for the removal of agricultural property relief, which will do untold damage to the growth prospects of family farms in my constituency and across the country?

[Steve Reed]

The right hon. Member is fully aware of the appalling state the public finances were left in at the end of his Government. This Government have had to take very difficult decisions to balance the finances so we can get growth that will benefit the entire economy, including the farming sector, which was on its knees after 14 years of Conservative rule.