The Chancellor has confirmed nearly £3 billion of funding for 2020 to support farmers once the UK leaves the EU cash.
The Chancellor has confirmed the cash will be used to support farmers once the UK leaves the EU next year, allowing them to plan for the future, sow their crops and care for their livestock with confidence.
The UK will leave the Common Agricultural Policy (CAP) Direct Payments scheme, which supports farmers across Europe with subsidies in 2020. This will be replaced by a new system based on public money for public goods.
The cash injection will allow the funding for Direct Payments for 2020 to continue at the same level as 2019 and supplement the remaining EU funding that farmers will receive for development projects until 2023 at the latest. We will guarantee the current annual budget to farmers in every year of the Parliament.
Cherilyn Mackrory MP said:
“This funding makes it clear that this government is backing our vital agricultural communities through Brexit and beyond.”
“A strong agricultural economy benefits us all, particularly in Cornwall where so much of our land is given over to farming.”
“I am pleased to be able to share this positive step with our farmers and will continue to ensure the Government listens to them and acts accordingly.”
Chancellor of the Exchequer, Sajid Javid, said:
“When we leave the EU and are freed from the Common Agricultural Policy, we will be able to support our vital rural communities – who are a cornerstone of life in the UK – with a fairer and less bureaucratic system.”
“Farmers can enter the New Year with confidence that they have our backing and will be able to thrive after Brexit.”
Environment Secretary, Theresa Villiers, said:
“Outside the EU we will have a simpler, fairer funding system – one that rewards farmers for enhancing our environment and safeguarding our high animal welfare standards.”
“We are committed to making sure our rural communities feel the benefits of Brexit and will ensure our farmers get a better deal.”
The CAP is an EU policy that provides financial support to farmers in Member States. The Direct Payments scheme forms the majority of spending under the CAP and provides subsidies to farmers based on the area of land under management.
The funding announced will be available from late 2020, as in previous years.
The UK Government will therefore provide £2.852 billion of support, topping up the remaining EU funding, and matching the total funding for Direct Payment available for 2019.