Julian Gold inspects a field of winter barley
Big farming businesses may take a much bigger hit from a hard Brexit than smaller, owner-occupied farms, due to an increase in labour costs and a reduction in direct payments. As Oxfordshire farm manager Julian Gold has calculated using AHDB’s Brexit impact assessment, such an outcome would turn the current £40,000 profit from his employers’ 750ha arable estate into a £175,000 loss. On Hendred Estate, the labour bill rises by more than £70,000, while the removal of Pillar I payments […]
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