The Country Land and Business Association (CLA) has welcomed the announcement by HM Treasury (on 30 December) confirming £2.85 billion of funding for 2020 to support farmers once the UK leaves the EU. This will maintain the level of funding for Direct Payments at the same rate as 2019. CLA members have said repeatedly that what they need is stability, so they will welcome this news. Our next and, possibly greater, challenge will be to create stability over the longer term, to allow farmers and other rural enterprises to trade freely and invest in their businesses.
The full text of the announcement can be found at: https://www.gov.uk/government/news/farmers-3-billion-support-confirmed-in-time-for-2020