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Over the past year, alongside colleagues in the Labour Rural Research Group (LRRG), I’ve continued to work closely with local farmers. I’ve met with more than 50 farmers across North West Leicestershire and have consistently pressed the Government to rethink its Inheritance and Property relief proposals.
 
Through ongoing discussions with NFU representatives at both local and national level, including many visits to local farms, I’ve been able to provide Treasury colleagues with clear, real-world examples of how these proposals would impact our farming community.
 
I welcomed the Chancellor’s Budget change allowing simpler transfers of reliefs between married couples. However, alongside a number of colleagues, I chose to abstain on Budget Motion 50 (Inheritance Tax and the limitation of agricultural and business property reliefs). This abstention allowed us to register our concerns, in line with calls from organisations such as the NFU, while keeping a seat at the table to continue pushing for change.
 
I’m really pleased that, following many private meetings, letters, and conversations with Ministers, Government colleagues have now agreed to raise the threshold from £1 million to £2.5 million. This means spouses or civil partners can pass on up to £5 million in qualifying agricultural or business assets before paying inheritance tax – on top of existing allowances.
 
This is part of my wider, ongoing work to secure a fairer deal for our farmers, making sure they are paid fairly and properly supported for the vital work they do to feed our nation. I’ll continue working closely with the NFU, our local farming community, and colleagues in the Labour Rural Research Group to keep delivering for rural Britain.

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I raised the Ivanhoe Line again last week during a debate on rail connections between rural towns and London.

Over the coming weeks, I’ll be sharing clips from that debate, including the questions I put to the Minister and the broader points I made about public transport in North West Leicestershire.

Many of you continue to share your experiences of public transport with me, and that’s why I’ll keep pushing this issue, both locally and nationally in Parliament.

I’ll also be following up with the Minister on the specific points I raised.
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