PARLIAMENTARY DEBATE
Engagements - 20 November 2024 (Commons/Commons Chamber)
Debate Detail
This week marks 1,000 days of Putin’s barbaric war in Ukraine. We will stand with Ukraine for as long as it takes. This week also marks Equal Pay Day. I am extremely proud that this Government have introduced the Employment Rights Bill, strengthening the rights of working women and making work pay.
This morning, I will have meetings with ministerial colleagues and others. In addition to my duties in the House, I shall have further such meetings later today.
What are the Government doing to bring down inflation?
Yesterday, like many Opposition Members, I spoke to farmers from across the United Kingdom. Some of them were families who have farmed their land for centuries—elderly men in tears, children worried about their parents and all of them worried that their way of life is about to be destroyed. What would the right hon. Lady like to say to them?
It is clear the Government have not got their facts right. The Central Association for Agricultural Valuers—the real experts in this field—say so. The National Farmers Union says so; it is shortly to publish a report showing that 75% of all commercial farms will fall above the threshold. If the Government are not going to reverse this terrible policy, will the right hon. Lady at least commit to no further increases to inheritance tax and no further reductions in agricultural property relief or business property relief in this Parliament?
Let us put all this into context. The Treasury says that the family farms tax will raise on average £441 million a year. The Treasury also says that the public sector pay rises the Government announced in July will cost £9.4 billion a year. That is over 21 times as much. Why do the Government think that above-inflation pay rises for the trade unions are worth so—
Last week, the Leader of the Opposition admitted that she supported Labour’s plans to invest in the NHS, schools and homes. The Conservatives want all the benefits of the Budget, but have no idea how they will pay for them. The faces may change, but it is the same old Tory party: straight back to putting everything on the credit card, spending the reserves three times over. We took the difficult decisions to fix the £22 billion black hole that they left behind, and while they are reinventing the past, we are investing in the future.
Ahead of the Budget, I warned the Deputy Prime Minister that increasing national insurance contributions on social care providers would make the crisis in social care worse. Now, OBR figures suggest that the increase in NICs will cost more to social care providers than the money the Government have announced for that sector in the Budget, with that measure alone withdrawing £200 million from the sector. Will the Deputy Prime Minister speak with the Chancellor to ensure that, at the very least, health and care providers are protected from taking the hit?
Somebody else who was worried about the Budget is Cathy, a farmer in my constituency, who told me yesterday that she thinks the Government changes simply do not make sense. They mean that her family may have to pay a bill that will force them to sell land, which makes food production unviable. At the same time, the Government have not closed the land-buying tax loophole that can be exploited by equity firms and the super-wealthy. Farmers told me yesterday that they feel as though they were betrayed by the Conservatives, and they now feel—[Interruption.]
Farmers told me yesterday that they feel as though they have been betrayed by the Conservatives, but they now feel that they have also been lied to by Labour. Will the Deputy Prime Minister think again on this measure, so that our farmers can feed Britain?
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