Subsidies

Farmers ponder early retirement due to Brexit – report

One in five Scottish farmers may retire early due to fears over Brexit, according to a survey by Scotland’s Rural College (SRUC).

“Brexit is clearly causing uncertainty.”

Steven Thomson, SRUC senior agricultural economist

Over half of those surveyed said Brexit is ‘increasing business uncertainty’ and may lead to lower levels of investment on the farm.

The report says CAP support has been and remains vital to the farming industry – especially the beef and sheep sectors.

Source: Farming UK

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