Mr Speaker, merry Christmas to you and all your staff. I put on the record my sympathy with everyone affected by water outages in Southampton; I discussed the matter with the chief executive officer yesterday.
We will have a public consultation in the new year on the formula that allocates flood defence funding, to ensure that the challenges facing businesses in rural and coastal communities are adequately taken into account. Protecting communities from flooding is a top priority, and later today I will have a winter flood preparedness meeting. I thank everyone who will be on duty over the Christmas period.
My constituency of Stoke-on-Trent South has many farmers, some of whom are personal friends. On their behalf, I ask the Minister to update the House on the funds that the Government are making available via the farming recovery fund to support farmers impacted by last year’s severe weather.
The Government recognise the awful impact that flooding has had on the farming community. We are releasing £60 million via the farming recovery fund to support farmers impacted by last year’s severe weather—£10 million more than was planned by the previous Government—and £55.7 million has been paid out to over 12,700 farm businesses.
While the far right and shamefully even some MPs in this House are busy denying climate change and trying to turn it into the latest culture war, people in our communities are paying the price. More and more severe floods are devastating people’s lives, as we have seen again in recent weeks, and I am afraid it will only get worse. Does the Minister agree that it is an absolute disgrace that the last Government left our flood defences in the worst state on record, and that fixing that has to be a national priority and a key part of preparing for climate change?
My hon. Friend is absolutely right. The previous Government left flood defences in a state of disrepair—the worst state on record—leaving 60,000 homes exposed. That is why this Government will invest £2.4 billion into defences over the next two years.
In Fylde, a number of new housing developments over the years have been constructed in flood areas where the developers knew that the construction sites had flooded, yet they still sold properties without disclosing that to buyers, and in some circumstances they had not constructed the flood defence requirements—the mitigations on site—to spec. Both residents and councils have felt powerless to get developers to correct what they should have got right in the first place, and a number of properties have flooded several times since people purchased them. What plans does the Minister have to give residents and councils more power to hold developers to account when they do not properly construct developments or disclose information about flooding?
I share the hon. Gentleman’s upset about the rules on housing and flooding not being implemented by the previous Government. We need more sustainable urban drainage in more developments, and it is important that it is built into planning applications to begin with. If he would like to contact me, I can look into the matter in more detail for him.
Across Huntingdon, flooding continues to be an issue that impacts a huge number of constituents, with flooding almost inevitable every time it rains. Alconbury flood group is a leading flood group in the constituency, and Charles Dalleywater has been a driving force in implementing flood mitigation measures, such as the recently opened alderman’s retention pond at Sallows farm that was planned by the flood group after funding was provided by Anglian Water, Huntingdonshire district council and Cambridgeshire county council. What funding is available from the Government to facilitate the construction of further retention ponds?
I thank all flood action groups around the country for doing incredible work for their communities. That sounds like a brilliant example. As I mentioned, we are investing £2.4 billion over the next couple of years. I hope to be able to give more detail in the new year.
Mr Speaker, I wish you and all your staff a happy Christmas, and thank all those who work in our food system for ensuring that we are fed every day and that, particularly at this time of the year, so many of our constituents can enjoy a traditional, wonderful British celebration.
The autumn Budget on 30 October confirmed the Department for Environment, Food and Rural Affairs budgets for 2024-25 and 2025-26, and funding allocations for individual programmes will be determined in the upcoming months through the Department’s business planning exercise. We will update the House on the rural England prosperity fund in due course.
May I take this opportunity to wish a very merry Christmas to you, Mr Speaker, and to the hard-working House staff?
The Government have committed £5 billion to the agricultural budget over the next two years. That is the biggest budget for sustainable food production and nature recovery in our history. We are also investing £60 million into the farming recovery fund to support farmers affected by unprecedented extreme wet weather last winter. We understand concerns about changes to agricultural property relief, but the majority of those who inherit farmland after a death and claim relief will not be affected by the changes.
I thank the Minister for that answer. Farmers in my constituency of South West Devon have highlighted the role that the rural England prosperity fund could play in the economic growth of our community. Given the publication of the English devolution White Paper this week, what conversations has the Minister had with the Ministry of Housing, Communities and Local Government about how funding, such as the rural England prosperity fund, can ensure that devolution is a success for the countryside?
We are in constant dialogue with our MHCLG colleagues. I was delighted that areas with a significant rural population will on average receive about a 5% increase in their core spending power. That is a real-terms increase. I hope we can continue to work well to address the rural productivity gap of some 18%, which is a real challenge for all of us.
Has the right hon. Gentleman seen the latest research, which shows that 75% of commercial farms will exceed the £1 million threshold and therefore will become liable for inheritance tax? Just to give him one example, a family in West Hanningfield in my constituency who have farmed for five generations say that they face a potential inheritance tax bill of £1.5 million. They say that it will put an end to all that has gone before and end the aspirations of their family. I plead with the Government to look at this again.
Of course we hear the concerns, but I say to the right hon. Gentleman that in the last year for which we have actual claims data available, over 75% of claimants would not be affected. Of course, most farms, like every other business, can do succession planning in the usual way so they do not have to pay any more than they need to.