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Accountancy Insights

ICAEW Insights In Focus: Does Britain have a farming problem?

22 Mar 2024

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In this Insights In Focus episode, we discuss how changes to the funding of British farms could affect the UK’s broader economic resilience. As a result of Brexit, British farms will stop benefiting from the EU Common Agricultural Policy by the end of 2027. The policy paid subsidies largely regardless of land use. Now, farmers need to transition to new schemes established by the UK’s devolved administrations. These require farms to meet environmental requirements such as hedge management, rewilding and tree-planting, which critics say will have a negative impact on food production and reduce the UK’s resilience to market shocks. To discuss the future of British farming, host Philippa Lamb is joined by David Missen, consultant at Larking Gowen, and Roseanne Bennett, partner at Greaves West & Ayre. Links ICAEW Farming & Rural Business Community: https://www.icaew.com/technical/farming-and-rural-business  HostPhilippa Lamb GuestsDavid Missen, consultant, Larking GowenRoseanne Bennett, partner, Greaves West & Ayre ProducerNatalie Chisholm Episode first published: 22 March 2024Podcast recorded: 11 March 2024

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