Clause 1
Olly Glover Excerpts(3 days, 14 hours ago)
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Caroline Voaden (South Devon) (LD)
Following the initial decision to introduce new APR and BPR rates, farmers across the country rallied their tractors outside this place to get their voices heard. Other family-owned businesses have gone through the same agony over the last 14 months, but without the tractors and with perhaps less of a voice, fearing for the future of businesses that have been built up over generations—businesses that form the bedrock of local communities and economies, employing local people and supporting local suppliers. As one constituent business owner told me, even with the recent lifting of the threshold, the reforms to BPR could still lead to family businesses such as his having to break up their underlying assets just to survive. The resulting loss to the Treasury in economic activity will far outweigh the amount of tax raised.
This attack on family-run businesses is particularly damaging in a constituency such as South Devon, where the family-run hotels and holiday parks are the foundation stones of the local economy. Passed down from generation to generation, they are more than just businesses. They are woven into the fabric of our communities. The director of one popular holiday park has been left questioning the long-term viability of their business due to the inheritance tax that will be due. This family-run business was founded over 65 years ago and employs over 180 staff in the summer season, which is a large number in a constituency such as mine that has few large employers. It uses an abundance of local suppliers and makes a significant contribution to the local economy. But I am told that when the 81-year-old majority shareholder passes away, it is likely that the family will have to sell up completely, after at least five generations of ownership, to pay an inheritance tax liability of approximately £2.5 million. The business cannot just chop off a section of the holiday camp, sell it to pay the tax and be left with a viable business—it just does not work like that. That illustrates perfectly how this tax is not merely a financial burden; it threatens the very survival of these businesses, and the ripples will spread out across the pond with scores of people losing their jobs, which will have knock-on effects on the local economy, the community and the mental health of all those people left high and dry.
Examples such as that are why my Liberal Democrat colleagues and I support amendment 42, which would maintain 100% business relief where the property has been owned by the transferor for at least 10 years as part of a business that is actively operated by the transferor or a member of their family. That is the least that this Government could do given the plethora of financial challenges these family-run businesses already face. Whatever loophole the Government were looking to close with this business property relief, they have gone way beyond that, and the implications will be an economic and personal tragedy for so many.
I could not speak today without again mentioning our family farms. I am pleased that the Government have finally listened and made the adjustment to the threshold, which will end the agony for many farmers. However, I am concerned that in areas where land prices are particularly high, such as the South Hams, the £2.5 million threshold will still be too low. There are also a significant number of farms owned by a single person rather than a couple, meaning they will not benefit from the spousal allowance. When APR was originally introduced, I surveyed all the farmers in the South Devon constituency, of which there are many hundreds: 85% of them said that they would be affected. Of those who responded, 44% said that they would have a bill of at least £300,000. The average bill was going to be £637,000 across my constituency, and the highest inheritance tax expected by one of my farms is £3 million.
I therefore support amendment 48, which would make the resulting inheritance tax liability chargeable only if agricultural land is sold or ceases to be used for farming within 10 years of the relevant transfer. I urge the Government to support new clause 7 to ensure the relief allowance is uprated annually according to the change in the value of agricultural land. I also urge the Government, as many of my colleagues have, to consider extending the spousal allowance to siblings who co-own a farm so that they too can benefit from this relief. Why should one family be penalised because a brother and sister own a farm compared with another family where it is a husband and wife? It is incredibly old fashioned to design a policy that benefits people who are married but not people who co-own within the same family.
I hope the Government will now provide meaningful support for farmers, who have been through so much over the last 14 months, starting with a £1 billion increase in the farming budget as promised by the Liberal Democrats if we were sitting on the Government Benches. If we undermine British farming, we undermine our ability to feed the nation and, in turn, compete in an increasingly uncertain world. Our farmers have been through an agonising 14 months. They should never have been subjected to this fear and stress. It is a disgrace that the Government took more seriously a prospective revolt from their own Back Benchers than the committed, desperate and passionate campaigning of farmers, countryside organisations and rural communities right across the country for the last 14 months. This policy still retains huge unfairness, as colleagues have explained so clearly, and I urge the Government to pause and think again while a proper impact assessment of even the new APR is carried out.
Olly Glover (Didcot and Wantage) (LD)
I stand to speak in favour of various Lib Dem amendments and in particular new clause 7. Farmers in this country continue to be hammered, as they were under the previous Government, by the current one. From poor funding of rural public services to botched trade deals that undercut British farmers, rural communities have been left behind, despite the industry being vital to delivering our food supply and a key pillar in our fight against climate change. Food is not some luxury or niche commodity but an essential, and an important part of our heritage and culture. In an increasingly volatile world, it is important that we recognise the value of domestic production.
Many speakers this evening have discussed problems with the Labour Government’s changes to agricultural and business property tax relief, and it is welcome that the Government have to some extent listened to that. However, in my constituency, the key thing I hear when speaking with farmers is that the proposed changes, in their original form, were the final straw for them on top of so many other challenges and headwinds. That is why the reaction has been so strong. They face the uncertainty and impact of Brexit; trade deals based on proving the so-called benefits of Brexit, no matter the impact on our farmers; constantly changing Government incentive and payment regimes; the impact of recent worldwide inflation on fertiliser prices and equipment costs; labour shortages, also partly as a result of Brexit; and the dominance of large supermarkets seeking ever lower prices.
Our farmers also face rural crime, which, as the hon. Member for Lagan Valley (Sorcha Eastwood) rightly stated, has a significant impact on their mental health and wellbeing. Even with Thames Valley police’s best efforts, farms’ remoteness makes them easy targets for theft or hare coursing. Flooding has also affected many farms across my constituency, such as George Gale’s Manor farm in Appleford or Paul Cauldwell’s Dropshort farm in Drayton. Increased rainfall and a lack of river maintenance are both contributing factors to wider flooding incidents, plus run-off from new developments.
The National Farmers’ Union hustings were by far the toughest of the general election campaign, but I have also been warmly welcomed by farmers who have been very patient and generous in explaining their trade to someone who could not have less of an agricultural background. They include Matt Lane of Grange farm, David Christensen of Lockinge estate and Alan and Richard Binnings, who put so much work into Truckfest, which, as well as being an amazing concert experience on their land, raises tens of thousands of pounds for local charities each year.
I want to talk in particular about Ben Smith from Manor Road farm near Wantage. When I met him last winter to hear his challenges, he explained that he is a third-generation arable farmer. At that time, his mother was 90 years of age. She owns the farm. Ben’s big concern was that when she dies, he and his family will be significantly hit by the inheritance tax, with revenues from their arable farming barely able to cover the liabilities. At that time, his mother was saying that she would rather die than leave Ben and his sister to deal with the situation later. Ben wants his son and daughter to have the farm, but he will be in a financial mess. He might need to lose six or seven staff, some of whom have worked for him for between 10 and 45 years. Inheritance tax is a big worry to him, but he has also been hit by other increases in tax and national insurance.
All the farmers I have met have been welcoming, tolerant of my agricultural ignorance, forgiving of my vegetarianism, patient in educating me about their work and profoundly passionate about what they do. I have been surprised to find parallels between my experience of working in railways before coming to this place and farming. Both are subject to the stop-and-start whims of Government policy and the decisions of people who have little knowledge or experience of the sectors concerned and often do not take the time to listen and learn.
In contrast, the Liberal Democrats are proud of our advocacy for farmers and are calling for the farming budget to be raised by £1 billion, for a renegotiation of trade agreements to protect British farmers in line with our objectives for health, environmental and animal welfare standards, and for strengthening of the Groceries Code Adjudicator to ensure that farmers can keep farming in fair circumstances.
It is welcome that the Government have started to listen, but we must always remember that we need food, we need countryside and our farmers do so much to look after both. They deserve our support.
Dan Tomlinson
I extend my thanks to hon. Members for their thoughtful contributions during this session in particular, which I appreciate has been a topic of discussion in public and in this place over a number of months. As I have said, the Government have been listening carefully to feedback from the farming community, family businesses and their representatives. The Government are proud to represent the national interest, with strong representation for rural, semi-rural and urban constituencies. It is a fantastic vote of confidence in our Prime Minister and in this Government that there are pretty much as many Labour MPs who represent rural constituencies as there are Conservative MPs in total.
The Government are going further to protect more farms and businesses while maintaining the core principle that more valuable agricultural and business assets should not receive unlimited relief. That is why we have tabled an amendment that will increase the allowance for the 100% rate of relief from £1 million to £2.5 million.
Road Safety Strategy
Olly Glover Excerpts(1 week ago)
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Olly Glover (Didcot and Wantage) (LD)
I thank the Minister for her statement and for the strategy. We welcome it, having called for an updated road safety strategy for some time, following years of neglect of our roads by the previous Conservative Government. The strategy shows serious intent, and I commend the thought and research that has gone into it and the breadth of thinking on display. It is welcome that it is largely substance rather than gimmicks, which could have been the case. In particular, I welcome the fact that the Ryan’s law campaign on penalties for hit and run, championed by my hon. Friend the Member for North Cornwall (Ben Maguire), is incorporated into the strategy.
Our concern is that much of the strategy is based on a commitment to undertake consultations. I hope the Minister agrees that we would not want to see a repeat of the time it has taken to undertake a pavement-parking consultation—admittedly one initiated by the previous Government—with a wait of five years until the welcome announcement of something today. Consultations need to be meaningful, but they also need to be time-bound and then translated into action.
A number of areas need focus. We need to consider the significant impact on some groups in society that these measures will have, right though they are for advancing road safety. The first group is older people. The older generation have grown up in an age of decades-worth of Government policy promoting travel by car, so this runs the risk of having a significant impact on them. As I know from constituency casework, they also suffer from DVLA administration failures in processing medical changes and so on. This underlines the importance of improving public transport to reduce car dependency—in particular, the development of demand-responsive transport in rural areas, which the Transport Committee has looked at in detail.
These measures also run the risk of placing further pressure on the rural economy. Our pubs and farming communities are already under real pressure from increased alcohol taxation, business rates and inflation and poor international trade arrangements, which makes it even more important that they are properly supported and that the Government listen, including to Liberal Democrat calls for a 5% cut to VAT for hospitality.
It is welcome that the strategy mentions potholes, which drive all our constituents mad—particularly mine on the A4130 between Didcot and Wallingford and the Milton interchange in Queensway. Most importantly, we need to support young drivers. More is needed, given that the Government have twice moved the deadline for reducing the wait for tests to seven weeks. The six-month wait is understandable, but it is important that we support young people.
Madam Deputy Speaker
Order. Those on the Liberal Democrat Front Bench know that they have two minutes, not two minutes and 50 seconds or three minutes and 10 seconds.
Oral Answers to Questions
Olly Glover Excerpts(1 month ago)
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James Murray
We have a proud history of manufacturing in this country, including in my hon. Friend’s constituency, and we will capitalise on that history as we drive our future growth. The UK is a leader in bus manufacturing, and the Government are committed to supporting the sector, including through the Department for Transport’s UK bus manufacturing expert panel. As a Government, we want to back British buses, unlike the SNP.
Olly Glover (Didcot and Wantage) (LD)
James Murray
The National Wealth Fund is at the forefront of public investment, investing in early-stage companies and projects to support innovation, boost jobs and create growth. It will work closely and collaboratively with other public financial institutions such as the British Business Bank, Innovate UK and UK Research and Innovation to support innovative companies across the UK.
Growing the UK Economy
Olly Glover Excerpts(11 months, 2 weeks ago)
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Darren Jones
I thank my hon. Friend and all my hon. Friends from the Teesside region, who have campaigned hard for investment in their area. I visited the plant in question when I was Chair of the Business Committee in the former Parliament, and I remember clearly the company saying how frustrating it was that the previous Government would not allow them to invest and grow the development of sustainable aviation fuel, but were instead allowing it to be imported at cost from other countries. This Government are taking a different approach, which is unlocking investment and jobs in Teesside, and across the country, in the interests of working people.
Olly Glover (Didcot and Wantage) (LD)
I welcome the Chief Secretary’s commitment to investing in my Oxfordshire constituency, and particularly in our science centres of Milton Park, Culham and Harwell campus. However, the commitment to the south east strategic reservoir option—SESRO—will be met with far more questions, given Thames Water’s track record. On 15 January 2025, in New Civil Engineer, a water engineer suggested that the reservoir’s £2.2 billion cost could be much better spent tackling leaks and reducing water demand and waste. Will the Chief Secretary meet me to discuss these unanswered questions about the reservoir?
Darren Jones
The Environment Secretary, working with the regulator Ofwat, has agreed the largest investment in the water industry on record, with more than £100 billion over the years ahead to tackle issues with sewage and leaks in the Victorian infrastructure, and, crucially, for the first time in decades, to actually build a reservoir, which this country needs. That is why it is important that we have announced those two plans today. They will, of course, go through the normal processes, and I am sure he will be paying attention to that as they come forward.
Oral Answers to Questions
Olly Glover Excerpts(11 months, 3 weeks ago)
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The Chief Secretary to the Treasury (Darren Jones)
I thank my hon. Friend for raising this issue, which clearly is important to him and his constituents. I confirmed to the House today that the Minister for Trade in the Department for Business and Trade is working with the trustees of the BCSSS to consider options. I will meet the Minister to look at those options and provide further updates to the House in due course.
Olly Glover (Didcot and Wantage) (LD)
The Exchequer Secretary to the Treasury (James Murray)
During the passage of the National Insurance Contributions (Secondary Class 1 Contributions) Bill, we set out clearly how the scheme would work to reimburse costs for public departments or local government. That measure is in line with what the previous Government attempted to do with the health and social care levy. Where third-party private contractors are engaged, those costs will be considered by local government or other public sector organisations in the round.
Economy, Welfare and Public Services
Olly Glover Excerpts(1 year, 5 months ago)
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Olly Glover (Didcot and Wantage) (LD)
Thank you, Mr Deputy Speaker, for the opportunity to give my maiden speech today. I aspire to match the eloquence of the previous speakers in this debate, including the hon. Member for South Antrim (Robin Swann), who gave the most recent maiden speech; his passion for his constituency is very clear.
I start by paying tribute to my immediate predecessor, David Johnston. I admire the fact that Mr Johnston entered politics because of his passion for social mobility. I have met constituents who have been personally helped by him, and I aspire to follow his lead. I was pleased that the first email in my parliamentary mailbox came from Lord Ed Vaizey of Didcot, Member for the predecessor seat of Wantage between 2005 and 2019, offering his congratulations. That was a warm and encouraging gesture. I arrive in Parliament following a career on the railway, serving the public, and I hope to apply my knowledge and experience to working with others to advance both rail infrastructure and public services in my seat.
The name of the new Didcot and Wantage constituency is an improvement on the previous name, Wantage, but remains imperfect. While Wantage and Didcot are the larger towns of the three in the seat, residents from Wallingford are aggrieved by their omission. Mr Deputy Speaker, I can assure you and this House that all three towns will have my attention and care. The same applies to the dozens of villages in the seat; I am fortunate enough to live in one of them, Milton. All our villages have a unique character and set of attractions. Pendon museum in Long Wittenham includes an homage in model railway form to the 1930s Vale of White Horse landscape, and there is also the ancient Uffington white horse and the beautiful chalk streams of the Letcombes. The constituency’s economy is diverse: we have the technology and science centres of Milton Park, Harwell campus and Culham near to farms that have been passed down through generations. Didcot hosts many industrial and business units, and residents benefit from the great western main line for fast commuting to and from London. Organisations such as Didcot TRAIN, the DAMASCUS youth project and Sustainable Wantage illustrate the strong culture of public service and volunteering.
My constituents rightly have high expectations. During the election campaign, one of them highlighted the lack of biographical detail in a leaflet about me, and asked me whether I was a doctor, a surveyor, a banker, a teacher, or an alien from outer space. Despite my love of the voyages of the crew of the USS Enterprise, Mr Deputy Speaker, I can reassure you and everyone in this House that I am not an alien. Of course, my constituency contains many non-humans, albeit perhaps not aliens. Many a local party volunteer has come to tire of my frequent canvassing of cats as well as humans. On occasion, this has helped my cause: while I was in conversation with one voter, his cat, Matthew, intervened. Matthew took a strong liking to me, with a great deal of leg-rubbing, even sitting on my lap on the pavement. The voter, astonished, told me that Matthew hates nearly everyone, and that his favourable verdict on me would be taken into account.
Turning to the subject of today’s debate, my constituency shares many of the same challenges as the wider country. Access to GP appointments is often difficult, particularly in Didcot, which continues to yearn for a new GP surgery in Great Western Park. NHS dentistry barely exists, and sewage dumping in our waterways is a great concern, as are proposals for a large reservoir near Steventon and the Hanneys. Many residents desire to walk and cycle more, but need pleasant and safe routes and paths in order to do so, and while the constituency benefits from fast railway connections, the reliability and capacity of the service provided can be somewhat patchy, and we continue to lack a railway station serving Grove and Wantage.
Perhaps the greatest issue on constituents’ minds is the cost of housing and recent, very substantial increases in the numbers of houses. I commend the Government on their commitment to genuinely affordable housing, but ask them to bear in mind that residents would be more supportive of housing growth were the health, education, and transport facilities needed to support it delivered in parallel. I promise to work tirelessly for my constituents in the pursuit of progress on these issues, and thank them again for the opportunity to serve. It is a genuine honour to be stood here, and I look forward to working with Members from across the House to achieve those aims.
Mr Deputy Speaker (Sir Christopher Chope)
I call Josh MacAlister to make his maiden speech.