Green Pound revaluation cuts subsidies for UK farmers


01 May 1998


Green Pound revaluation cuts subsidies for UK farmers

A FURTHER revaluation of the “Green Pound” was set this week, cutting the Sterling value of European Union agricultural payments by 2.6%.

The revaluation has lead to renewed calls from the National Farmers Union and the National Farmers Union of Scotland for Westminster to apply for European Union monetary compensation.

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