Maya Ellis

Maya Ellis

Labour — Ribble Valley

Speaking in the House of Commons on 12 January 2026

Debate

Finance (No. 2) Bill

Contribution

The hon. Gentleman raises a really important point. We have spoken about that issue with Ministers; is an important conversation that we absolutely have to have. Another of my farms belongs to a constituent who was one of the first to reach out to me and meet me in London. I have spoken about his farm in previous debates; it is a partnership between husband, wife and mother. Under the original plans, he would have faced a liability of £130,000 when the mother passed away in coming years, but thanks to Government amendment 24 the liability is completely removed, allowing them to focus on profitability. I also have a significant number of family-owned businesses in my constituency, including Massey Feeds, which happens to supply the agricultural sector. Its people made a really strong point to me when I met them last year; if they had had to downscale to afford the original proposed changes to BPR, their main option would have been to sell one of their company’s three sites to a foreign-owned competitor. Although we welcome foreign investment in this country, it does nothing for our sovereignty, growth or innovation when the proceeds and hard work of British-built companies end up as profits in other countries. After the announcement in December, I was delighted to hear from the owner, Kynan Massey, who thanked this Government for listening and for adapting the BPR thresholds. He told me that the recent change means that the business has the confidence to continue to invest, including with a £2 million investment to grow the capacity of its site in my constituency. Gazegill farm in my constituency has been in the same family for 500 years and has an estimated value of just over £4 million. It employs 39 full-time equivalents through its organic farm, its award-winning restaurant Eight at Gazegill—I recommend that everyone visiting Lancashire should try it out; it is the best farm-to-fork experience in the country—and its growing farm shop. Emma and Ian, who run Gazegill, are the perfect example of ambitious and innovative company owners, working hard to regenerate and bring new employment and tourism to parts of Lancashire that will really benefit from new investment. The new changes to APR will allow them to push ahead with that investment, including by building a new farm shop later this year. If we are serious about supporting small businesses across our regions, about local sustainable economies and about improving the health of this country, farms like Gazegill are exactly the type of companies we should support to grow. I wholly support Government amendment 24 to ensure significant protection and support for business owners like Emma and Ian and all the incredible farms in Ribble Valley, which I am so proud to represent.

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