Budget: Implications for Farming Communities

Joshua Reynolds Excerpts
Monday 4th November 2024

(1 day, 20 hours ago)

Commons Chamber
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Daniel Zeichner Portrait Daniel Zeichner
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As the hon. Gentleman knows, a whole range of factors go into food prices. What is very good news is the establishment of GB Energy and a move to a much more affordable and reliable form of power for farmers as well as our consumers. We will all be better off.

Joshua Reynolds Portrait Mr Joshua Reynolds (Maidenhead) (LD)
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On Friday, I visited an agricultural college in my constituency, where I heard concerns about how the changes in this Budget will potentially strip an industry of young farmers. What discussions did the Minister have with farming stakeholders on changes to the agricultural property relief prior to the Budget?

Daniel Zeichner Portrait Daniel Zeichner
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The hon. Gentleman will know that tax discussions during the run-up to a Budget are a delicate issue. However, there was no shortage of discussion in newspaper columns across the country, so there has clearly been discussion. Younger people who want to go into farming face real obstacles, and this change could help.

Joshua Reynolds Portrait Mr Joshua Reynolds
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indicated dissent.

Daniel Zeichner Portrait Daniel Zeichner
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The hon. Gentleman shakes his head but, if he talks to people who know about these issues, they agree with me.