LONDON — The U.K. will on Monday unveil its plan to phase out existing subsidies to farmers in England once the Brexit transition period ends.
Britain has pledged to bring in a new scheme to support landowners, based on whether their land is used to promote and protect the environment, to replace the “basic payments scheme” under EU Common Agricultural Policy.
Farming Secretary George Eustice will set out more detail on the phasing out of the existing regime in a government document published Monday.
The transition will last seven years, with the first reduction in usual payments from 2021. The government has insisted the same budget will be available for farmers throughout the current parliament, although the full operation of the new regime will be worked out during the first years.
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