Brexit may slash UK farmer subsidies

A Conservative Party suggestion that subsidies for farmers in the UK may be slashed, and diverted instead to the National Health Service, is the latest Brexit shock threatening to disrupt the food and retail industry.

Prime Minister Theresa May’s leading policy advisor, George Freeman, MP, said it will be hard to convince the British public that the UK agricultural industry is an important strategic sector that deserves a high level of funding from the government.

However, any weakening of the UK agricultural industry could soften the Brexit blow for Irish farmers and food exporters.