Direct payments 'to be halved by 2024' - Farmers Weekly

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English farmers to lose at least 50 per cent of direct subsidies by 2024

Farmers in England will have their direct subsidies cut at least 50 per cent by 2024 under post-Brexit reforms to agricultural policy to be announced on Monday. The £1.8bn paid out annually to farmers based on their acreage is to be gradually replaced with a scheme that pays for public goods such as clean air, water and improved biodiversity. Although the new scheme is yet to be fully designed, ministers are keen to push ahead with cuts to direc…