Agricultural Property Relief and Business Property Relief Debate

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Department: HM Treasury

Agricultural Property Relief and Business Property Relief

Jenny Riddell-Carpenter Excerpts
Monday 5th January 2026

(3 days, 20 hours ago)

Commons Chamber
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Dan Tomlinson Portrait Dan Tomlinson
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We will be going ahead with the changes that were set out in our manifesto and that have been announced recently. I think that that is the right thing for us to do.

Jenny Riddell-Carpenter Portrait Jenny Riddell-Carpenter (Suffolk Coastal) (Lab)
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Happy new year to you and the team, Mr Speaker.

I start by thanking the Minister and his Department for working actively with rural colleagues and myself for the last 14 months. In the many conversations that we have had, both face to face and in wider correspondence, we have set out the huge number of issues that are well known to this House, but at the heart of this, and the reason that so many of us are concerned, is the lack of profitability in farming. Baroness Batters’ report will go a huge way towards addressing some of the systemic issues in farming, but does the Minister agree that we also need to tackle supermarkets and unfair practices and to address lots of the long-standing issues, and that the Treasury as a whole needs to continue to engage with rural MPs to make sure that we introduce further reforms to support farming profitability?

Dan Tomlinson Portrait Dan Tomlinson
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I thank my hon. Friend, too, for her work on the Select Committee, and for representing rural communities, including hers. My understanding is that Ministers in the Department for Environment, Food and Rural Affairs and the Government are looking at what more we can do to ensure that farmers receive a fair price for their products. Of course, we support having a competitive supermarket and retail system in this country, so that we can have low prices for consumers, but we have to ensure that those prices are fair for farmers, and for the communities up and down the country that we rely on to produce good British produce.