Budget: Impact on Farmers

9. What assessment his Department has made of the potential impact of the autumn Budget 2024 on business confidence among farmers.

The truth is that confidence among farmers has been far too low for far too long. That is why this Government are setting out the sustainable long-term plan for farming. Again, I point people to the Secretary of State’s address at the Oxford farming conference. We will continue to progress our priorities over the coming weeks.

Farmers across Devon are rightly concerned about Labour’s planned changes to agricultural property relief and business property relief, particularly the serious impact on family farms and on the sustainability of rural communities. In early December I wrote to the Secretary of State to invite him to meet Devon’s farming community, at an event to be organised in conjunction with the NFU in Devon, to provide clarity on the policies’ objectives and to address their concerns. I am yet to receive a response. I ask him directly now: will he come to Devon, meet local farmers, and explain how these policies will not undermine their livelihoods and the future of British farming?

I thank the hon. Member for his question, which is one that I have been asked at the Dispatch Box many times over the past few weeks. I have been to meet farmers in Cumbria, and last week I met farmers in south Cambridgeshire. I would love to meet farmers in Devon, so I am happy to add him to the list for my grand tour across the country to reassure people that there is a strong plan to ensure that farmers have a viable future, which they did not have under the last Government.

On that point, when Ministers make such tours, I hope that they will ensure that local MPs are made aware of the fact, because that did not happen in my case.