Dame Angela Eagle

I add my congratulations to Susan Holliday. She sounds like a remarkable person, and it is good that she has been recognised for the work she has done in her local community. It would be impossible to discuss rural communities without paying tribute to the vital work undertaken by this country’s farmers. Supporting British farmers and boosting the nation’s food security are key priorities for the Government. I understand that farmers do not just produce nutritious food; they also need to make a profit, and the margins of farm businesses are often tight, but we are taking action to help farms prosper. We commissioned Baroness Minette Batters to undertake an independent farming profitability review, and we published that last year. We have announced our new farming and food partnership board, which will bring together voices from farming, food, retail and finance to drive profitability, support home-grown British produce and remove barriers to investment. While the Conservatives failed to spend £300 million of the farming budget, we are investing £11.5 billion over this Parliament into nature-friendly farming. While they sold out our farmers in trade deals with New Zealand and Australia, we are unlocking new markets for British produce in India, China and the United States. We are committing £200 million up to 2030 through farming innovation programme grants to improve productivity and to trial new technologies, and there is an exciting agenda of development out there in that area. We have appointed Alan Laidlaw as the first ever commissioner for tenant farming, giving tenant farmers a stronger voice than ever before. We have continued to listen and engage with the farming community and family businesses about reforms to inheritance tax. Having carefully considered this feedback, we are going further to exempt more farms and businesses from the requirement to pay inheritance tax, while maintaining the core principle that more valuable agricultural and business assets should not receive unlimited relief. That is why we are increasing the inheritance tax threshold from £1 million to £2.5 million. Couples can now pass on up to £5 million without paying inheritance tax on their assets. That will halve the number of estates claiming agricultural property relief that will pay more in 2026-27, including those claiming business property relief. Of the remaining 185 estates affected in 2026-27, 145 of them will pay less than when the allowance was set at £1 million. Let us be absolutely clear about what this Tory motion really is. It is not a plan for rural Britain, and it is not a serious attempt to fix the problems that our rural communities face; it is an exercise in political distraction. Every single regret listed in this motion is the direct result of decisions taken by the Tories over their 14 disastrous years in government. They regret raising taxes after crashing the economy and blowing a hole in the public finances. They regret business closures after years of stagnant growth, poor investment and broken rural infrastructure. They regret changes to funding for rural areas after hollowing out public services, cutting rural transport and stripping away neighbourhood policing in the very places where visibility and response times matter the most. They regret the changes to the rural way of life, but sold out our farmers in trade deals and broke their funding promises. Even their own former Environment Secretary admitted that they had failed to defend our agricultural interests. They regret uncertainty when it was their chopping and changing, their political chaos and their lack of long-term thinking that created it in the first place. Rural communities deserve honesty, not selective political amnesia, and from this Government, they will get it.