Andrew Griffith

Andrew Griffith

Conservative — Arundel and South Downs

Speaking in the House of Commons on 14 October 2026

Debate

Inheritance Tax

Contribution

As I have said many times in the House, I think the G7 is the wrong comparator peer group. We are not the fastest growing member of the G7. If the hon. Member took the time to read more than the headlines handed out by the Labour Whips, he would know that yesterday the International Monetary Fund downgraded the growth forecast for our wonderful country and enterprise for 2027. That is what Labour is doing to our economy: it has reduced the rate of growth. While the G7 largely consists of relatively sclerotic economies that suffer from the same levels of indebtedness and lack of growth as the United Kingdom, in the meantime the G20 is coming up on the outside track. Those are the more prosperous countries, and they are building airports, building infrastructure and forming capital. Their companies are taking on the world and their young people have more job opportunities. Not that the Labour Government have any interest in calibrating, counting and identifying those who are leaving, but that is why the flow of wealth creators and ambitious young people is not to our wonderful country, with its history and heritage, but from our country to those economies that are successfully growing faster than ours. One of the reasons for that—to conclude—is that those countries are more understanding of family businesses, more understanding of family farms, and more sympathetic and on the side of those who work hard to create wealth and a better life for themselves, for their family and for the next generation.

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