George Freeman

George Freeman

Conservative — Mid Norfolk

Speaking in the House of Commons on 4 December 2024

Debate

Farming and Inheritance Tax

Contribution

I will not, as time is short and colleagues want to speak. This policy is a prescription for the industrialisation of the countryside, cooked up in the Treasury in the summer when nobody was looking. It will lead to family farms being broken up and sold, farm investment falling and young farmers leaving, with a major economic impact and tertiary impacts in my part of the world. Those industries that support farming are already seeing the effects. The response of rural MPs should be to move fast behind the hon. Member for Penrith and Solway (Markus Campbell-Savours) and make it clear to the Treasury that it needs to adjust the mechanisms, change the thresholds and change this policy, unless Labour wants to be the party of rural devastation.

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