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Lord Roborough (Con)

Speaking in the House of Lords on 2 December 2024

Debate

Food Security

Contribution

My Lords, I refer the House to my interests as set out in the register. The NFU estimates that as much as 75% of British farming output comes from family farms that will now have to pay the family farm inheritance tax. Farmers already have to deal with increasing weather volatility and increasing input and output price volatility, leading to lower and less predictable farming incomes. Does the family farming tax undermine the Government’s own manifesto commitments to increase food security and champion British farmers and expose hard-pressed family budgets to the risk of higher food prices?

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