Greg Smith

Greg Smith

Conservative — Mid Buckinghamshire

Speaking in the House of Commons on 11 November 2024

Debate

Rural Affairs

Contribution

There are many issues I could raise in such an important debate on rural affairs, but in their Budget a couple of weeks ago, the Labour Government introduced a new threat on such a scale that it simply must be the topic on which I open my remarks. As I said in last week’s Budget debate, the changes to agricultural property relief are a threat to family farms and rural communities across the country, including in Mid Buckinghamshire. I cannot believe that Mid Buckinghamshire farmers are so different from the farmers found in Labour-held constituencies, but many of the farmers who have contacted me are absolutely petrified about what the change means for the future of their farm. They tell me that they may even have to sell up to a third of their farm to meet their inheritance tax bill. There is no way to sugar-coat this: it will be the end of British family farming if these changes are allowed to go through. When I gave my maiden speech on Second Reading of the Agriculture Bill in the last Parliament, the now Minister for Food Security and Rural Affairs, who was then a shadow Minister, kindly said in summing up that I was “every Cambridge leftie’s nightmare”, and I agree. I gently suggest that, if he does not talk to farmers, to the NFU and to the people who are petrified about what these changes will mean, he may well become the nightmare of every farmer in this country.

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