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Baroness Bakewell of Hardington Mandeville (LD)

Speaking in the House of Lords on 5 November 2024

Debate

Budget: Implications for Farming Communities

Contribution

My Lords, a sustainable supply of food is essential for the country. The farming community is key to achieving this goal. The perception that farmers are wealthy is erroneous. Farmers have seen their income shrink as a result of the slow implementation of ELMS, and now they face the prospect of having to sell off or dismantle family farms to pay inheritance tax. The appalling headline “We can’t afford to let farmers die tax-free” is a gross distortion of the truth. What is the Minister doing to reverse this impression?

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