Oral Answers to Questions

Jeremy Wright Excerpts

Thursday 14th November 2024 Commons Chamber

[Mary Creagh]

I have visited Chester zoo and seen the wonderful work that it does in species conservation. I will endeavour to write to my hon. Friend to update him on the regulations.

[Sir Jeremy Wright (Kenilworth and Southam) (Con)]

The Government have justified their inheritance tax changes for farmers on the basis that they are concerned about people gaining short-term tax advantage by buying agricultural land. May I therefore ask whether, instead of the sweeping changes that they made, the Government considered an approach that would limit the IHT exemption to those who could demonstrate that the family farm had been in family ownership for a certain number of years? If that approach was explored, why was it not pursued? If it was not explored, why not?

[Daniel Zeichner]

We have had a lot of debate about this issue, and I am perfectly happy to have discussions with hon. Members about the tax regime in general. One of the beneficial aspects of this policy may be to get the generational shift that farming in this country needs so much. There are many parts to this policy. It is a complicated policy, and in future we will have further discussions.

--- Later in debate ---

[The Solicitor General]

My hon. Friend is correct to say that so often these terrible crimes do not respect borders. Fraud that is specific to Scotland is investigated by Police Scotland and prosecuted by the Crown Office and Procurator Fiscal Service, which works closely with English-based agencies and the SFO where it is appropriate to do so. This Government are committed to strengthening the Union, and that extends to law enforcement in this area.

[Sir Jeremy Wright (Kenilworth and Southam) (Con)]

I warmly welcome my hon. Friend the shadow Solicitor General to her post—it is good to see her back—and I thank the Solicitor General for her kind words.

I equally warmly welcome the advent of a “failure to prevent” offence in relation to certain kinds of economic crime. The Solicitor General will agree that the purpose of that exercise is not to engender further prosecutions but to change behaviour. Will she therefore reassure the House that she will work with colleagues across Government to ensure that businesses receive all the advice they need about how to put in place the reasonable anti-fraud measures that will give them a defence under that new offence?