Mike Wood

My hon. Friend is absolutely right. Clearly, the people who are best placed to avoid paying the tax are the very people who ought to be paying and contributing: the mega landowners. For the average cereal farmer, however, who could face inheritance tax bills of 1.5 times the value of their annual profits, the only recourse will be to sell land or machinery. That is so blatantly obvious that the fact that the Government do not see it makes it difficult to assume that the policy is down to incompetence rather than a deliberate strategy to dismantle family farms, particularly when combined with the compulsory purchase plans set out by the Deputy Prime Minister this week. Labour’s policies threaten the future of farming, rural businesses and the communities that rely on them. The sustainable farming incentive, inheritance tax reliefs, biosecurity, and the damage caused to our high streets by Labour’s Budget—in each of those areas, Labour’s mismanagement is letting down farmers, their families and our rural communities. Rural Britain can thrive when farmers are supported, businesses are protected and communities grow stronger. We will continue to fight for that future, and I call on the Government to change course before it is too late for our rural way of life. We will continue to fight for our farming communities, including mine in Kingswinford and South Staffordshire.