Cheviot mule, ewe with lamb, with Domestic Cattle, Luing cows and calves, standing in pasture© FLPA / John Eveson/REX/Shutterstock
British farmers are being urged to take action now to prepare their businesses for Brexit, or risk seeing their profits whittled away in the face of falling subsidies and increased overseas competition. A new report from the AHDB – “Brexit scenarios – an impact assessment” – suggests average farm profitability could drop from £38,000 to £15,000 a year in the worst case scenario as a result of Brexit. But, even though farm incomes generally are forecast to come under pressure, […]
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