Gregory Stafford

Gregory Stafford

Conservative — Farnham and Bordon

Speaking in the House of Commons on 26 February 2025

Debate

Family Businesses

Contribution

Today’s debate on the disastrous impact of the Labour Government’s policies, including on my constituency of Farnham and Bordon, of which Haslemere, Liphook and the surrounding villages are part, is timely. My inbox is filled with complaints and concerns from small family businesses about that impact. Small and family businesses are not just places to shop or to buy things, but the backbone of our economy and the lifeblood of our communities. Across the United Kingdom, they provide almost 14 million jobs and contribute an amazing £575 billion to our economy. Yet under this Labour Government, those businesses are under siege. Labour simply does not understand business and sees businesses as nothing more than a cash cow to fund its endless state expansion. For nearly a century, my grandparents and my great-grandparents before them dedicated their lives to Stafford’s shop in Haslemere, and they would be horrified to see this Government’s full-scale assault on family businesses. The family business tax—Labour’s reckless cap on business property relief—will decimate family-run enterprises, breaking them apart when they should be passed down to the next generation. In the Surrey side of my constituency, we are fortunate to have two thriving market towns, Farnham and Haslemere, which are hubs of entrepreneurialism and independent enterprise. Businesses such as Hamilton’s Tea Room, Borelli’s Wine Bar, Farnham Homes, Kilnside Farm shop and Elphicks, one of the last remaining British family-owned department stores, have been the cornerstones of our high streets for generations. Similarly, Haslemere is home to R. Miles & Son, Good Horse saddlery and Davids menswear. Together, these eight businesses have had a presence on our high streets for a total of 439 years. Given that Family Business UK has warned that these policies would cost 125,000 jobs, will the Government reconsider their stance before it is too late? Meanwhile, on the East Hampshire side of my constituency, Liphook Travel Worldchoice has been a family-run travel agency since 1971 and Hogmoor Distillery, though newer, is an outstanding artisan gin and liqueur company based in the heart of the former military town of Bordon. Those businesses, like so many across the country, are already being squeezed by Labour’s misguided economic policies, with increased business rates and tax burdens making it harder to survive. Although Labour misunderstands business, it actively despises the countryside. This Government are rurally illiterate. They do not care about rural jobs, rural businesses or our rural communities. The family farm tax—Labour’s assault on agricultural property relief—is a direct attack on farming families who have worked the land for generations. Bob and Ros Milton of Kilnside farm expanded their business with a farm shop under the support of the previous Government, but it now faces closure due to rising costs. Similarly, Mathias nursery had hoped to pass the business to the next generation, but now fears that that will be impossible. My campaign for local pubs and heritage clubs has seen me do a pub crawl across the constituency. I have visited 17 of the 56 pubs—everything must be done in moderation. I have had invaluable conversations with landlords. Carl from the Nelson Arms pub in Farnham highlighted the importance of zero-hours contracts for his employees, including a staff member who also works as a paramedic and relies on the flexibility that these contracts offer. Yet Labour’s Employment Rights Bill, which bans them, will impose a £150 cost on his business.

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