Farmers are in need of Brexit bailout

The prospect of the UK not reaching a deal on its departure from the EU has risen in recent weeks, amid tight votes at Westminster and Brussels, expressing opposition to UK prime minister, Theresa May’s latest proposals on customs.

The Irish food industry has been watching politicians battle it out for the past two years. There has been no resolution or concrete proposal. But with seven months to go until the UK is to leave the EU and with warning commentary from Bank of England governor, Mark Carney, a no-deal exit is increasingly likely, and so executives in the agri-food industry are accelerating their damage-limitation plans.