If land prices were to go down, as has been described by the Minister—I am not sure I believe that—and a farmer had borrowed heavily from the bank, the bank might look at the value of their asset and could possibly call in the loan, which would put the farmer out of business right away.
Farming and Inheritance Tax
Proceeding contribution from
Jamie Stone
(Liberal Democrat)
in the House of Commons on Wednesday, 4 December 2024.
It occurred during Opposition day on Farming and Inheritance Tax.
Type
Proceeding contribution
Reference
758 c326 
Session
2024-25
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2024-12-05 16:05:51 +0000
URI
http://hansard.intranet.data.parliament.uk/Commons/2024-12-04/24120430000072
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