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Brexit Bombshell : Farmers Income Could Cut in Half After No Deal

Published date : 15 Oct 2017

BREXIT BOMBSHELL: FARMERS INCOMES COULD CUT IN HALF AFTER NO DEAL

Farmers in Carrick, Cumnock and Doon Valley could see their incomes could cut in half after Brexit, a report by the Agriculture & Horticulture Development Board has warned.

The staggering new research warns that a No Deal Brexit, as increasingly threatened by Theresa May, is one of a number of threats to farm incomes – alongside possible changes to tariffs and subsidies. 

The report finds that the “worst-case scenario” would see average farm profits across the UK fall from £38,000 a year to just £15,000.

Commenting,Jeane Freeman MSP said:

“This is a bombshell report that exposes just how bad a Tory Brexit could get for rural Scotland.

“Scotland’s food and drink industries are flourishing, and agriculture is an essential part of the local economy in Carrick, Cumnock and Doon Valley – helping drive our tourism and hospitality industries as well as putting food on family tables.

“Theresa May’s reckless approach to negotiations risks enormous damage to our economy. It’s time that the Tories put the interests of the country ahead of their party squabbles – and committed to staying in the single market.”

ENDS

Notes:

Farm incomes may halve after Brexit, says report
http://www.bbc.co.uk/news/business-41570648

European Union, Farming
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