UK Parliament / Open data

Farming and Inheritance Tax

Proceeding contribution from Jon Pearce (Labour) in the House of Commons on Wednesday, 4 December 2024. It occurred during Opposition day on Farming and Inheritance Tax.

I am sorry, but I will not.

We must create a greater marketplace for farming businesses by using the Government’s purchasing power to ensure that 50% of the food bought for our hospitals, prisons and army bases is produced by local farmers.

Here is the most important point: we have to provide farming businesses with economic stability. The Leader of the Opposition has already failed to learn the lessons of the Liz Truss Budget, with £6.7 billion of unfunded tax cuts already announced in a matter of weeks. The Opposition need to tell us how they are going to pay for that. What are they going to cut? Are they going to cut the farming budget—are we going to lose the £5 billion from the farming budget?—or are they going to borrow and put us right back in the position we were in with

Liz Truss, with interest rates rising and farms going out of business? I will not be voting for the Opposition motion; I will be supporting farmers in my constituency and providing the economic stability they need.

3.1 pm

Type
Proceeding contribution
Reference
758 cc408-346 
Session
2024-25
Chamber / Committee
House of Commons chamber
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