Oral Answers to Questions

Daisy Cooper Excerpts

Tuesday 4th November 2025 Commons Chamber

[Mr Speaker]

I call the Liberal Democrat spokesperson.

[Daisy Cooper (St Albans) (LD)]

On Friday I sat with farmers and their families in Brecon and Radnor, and they are desperate. If they are 65 or over, they have no time to plan for the family farm tax, they cannot get insurance, and they will be put in an impossible position if the Government go ahead with the tax unamended. The CenTax report sets out options that could extend extra protection for family farms while rightly raising funds from people who are currently exploiting the tax loopholes in APR. Those farmers asked me to put a question to the Chancellor. They asked, “Can the Chancellor please say precisely which parts of the CenTax report the Government disagree with, and why?”

[Dan Tomlinson]

I have already answered the question about the CenTax proposals, but it is clear from its analysis that the number of estates that would pay more inheritance tax would be more than double the number contained in the proposals that the Government have put on the table. I understand that changes in inheritance tax are always difficult, but last year the Government had to make the decision to raise more revenue to ensure that we could fund our public services adequately, and this change raises half a billion pounds in a fair way.

--- Later in debate ---

[Mr Speaker]

I call the Liberal Democrat spokesperson.

[Daisy Cooper (St Albans) (LD)]

Analysis by UKHospitality suggests that more than half the job losses in the UK since last year’s Budget have come from its sector. That is further evidence that the jobs tax has been bad for growth and bad for job opportunities. We Liberal Democrats have set out fairer ways of raising revenue and going for growth, so rather than the Government suggesting that we have not done so, can I instead ask them: will they use the Budget to consult on a new lower national insurance contribution band to create opportunities for part-time workers, especially in hospitality?

[Rachel Reeves]

We increased the employment allowance at the Budget last year. That is, rightly, agnostic between part-time and full-time workers. That is why 865,000 businesses will not be paying national insurance at all this year—an increase to help our smallest businesses. Employment is up 358,000 so far this year; that is very different from the picture that the hon. Lady just tried to set out.