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Opinion: Budget can help safeguard county family farms
🇬🇧 United Kingdom · Economy · 1 d ago
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26.10 10:44 UTC
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Budget can help safeguard county family farms The Budget presents a crucial opportunity for the government to support Northamptonshire farmers while strengthening food security and restoring business confidence, writes NFU regional chair Jane Bassett.
The lack of a sizeable budget by government for agri-environment scheme (the Sustainable Farming Incentive) which opened and closed in just six hours a few weeks ago has only added to concerns on the ground – compounding an already difficult position.
There is an immediate cashflow crisis in farming and the NFU continues to call for government-backed interest free Keep Britian Growing Loans to enable farmers to be able to continue to produce food for the nation.
An increase in the Annual Investment Allowance to at least £5m, with scope to include structures and buildings, will be vital in supporting long-term investment in productivity, energy efficiency and water management.
I could not agree more when the government says that food security is national security.
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