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UK to replace EU farm subsidies with 7-year transition scheme

The UK government plans to introduce a seven-year transition period for farmers’ funding from 2021, during which direct payments from the state will be reduced and tied more closely to delivering environmental and other “public” goods. The Environmental Land Management scheme will replace EU basic farm payments, which are based on the amount of land farmed, under which farmers who provide the greatest environmental benefit will receive the largest amount of public money.

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Financial Times
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