U.K. farmers furious over changes they say would force many to go under

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U.K. farmers furious over changes they say would force many to go under

//business-finance.news-articles.net/content/202 .. anges-they-say-would-force-many-to-go-under.html

Published in Business and Finance on Sunday, December 1st 2024 at 6:01 GMT by Bill Williamson
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The countryside came to the capital as thousands of farmers packed into London streets around Britain's Parliament to protest changes to tax rules.

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The article from MSN discusses the frustration among U.K. farmers due to proposed changes in agricultural subsidies and policies. The U.K. government plans to shift from the EU's Common Agricultural Policy (CAP) to a new system that rewards environmental stewardship rather than just land ownership. This transition, part of the post-Brexit agricultural policy, has sparked concerns among farmers who fear that these changes will not provide enough financial support, potentially driving many out of business. Farmers are particularly worried about the reduction in direct payments, the complexity of new schemes like the Environmental Land Management (ELM) system, and the lack of clarity on future income stability. The article highlights protests and statements from farming unions indicating that without adequate support, the sustainability of farming operations, food security, and rural economies could be at risk.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/world/u-k-farmers-furious-over-changes-they-say-would-force-many-to-go-under/ar-AA1v1swD ]