FUTURE SUBSIDY FUNDING CONFIRMED

Following the UK’s decision to leave the EU there has been a lot of concern and uncertainty regarding future EU funding for farmers. As predicated by Vickers & Barrass the Treasury have announced that farmers will receive funding until 2020. In a recent press release it appears that all funds that would otherwise come from the EU for the years up to and including 2020 that currently pay for Basic Payment Scheme, the greening element and the Young Farmers Top up payment will be met by the UK after withdrawal from the EU.

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