The Budget changes announced last week will force a period of adjustment for UK agriculture, says the Andersons consultancy. But they are unlikely to threaten national food security, as some have warned. In the short term, production...
Chancellor of the Exchequer Kwasi Kwarteng’s “fiscal event” mini budget last week has led to turmoil in the financial markets. But it also detonated a storm over agricultural policy. Mr Kwarteng’s Growth Plan 2022 speech in the House...
The farm unions have described Chancellor of the Exchequer Rishi Sunak’s Spending Review proposals this week as a “mixed picture” for farmers. The confirmation of the government’s 2019 manifesto pledge to maintain existing levels of farm support in England until the...
The NFU has sent Chancellor of the Exchequer Philip Hammond a list of eight taxation changes it believes would help British agriculture ahead of next week’s Budget announcement. It says the measures would help place British farm businesses in the best position to be...
Chancellor of the Exchequer Philip Hammond’s pledge late last week to underwrite the present level of farm subsidy in the UK until 2020 has been welcomed by the NFU and other sector bodies as giving the industry some short term stability. But the detail will depend on the Brexit timings.