Agricultural businesses risk closure as figures show government paid only tiny fraction of slashed EU farming subsidies
Cuts to post-Brexit farming payments mean farms risk “going out of business” as new figures reveal only a tiny fraction of slashed EU subsidies went to agriculture businesses last year.
The government is replacing the EU’s Common Agricultural Policy (CAP), which paid subsidies to farmers to keep them in business, with “payments for public goods”, meaning land managers get paid for improving nature.