Government announces £56 million allocation of farm funding across the UK
Following recommendations made in an independent review led by Lord Bew which was looking at what factors should be used to determine the distribution of Common Agricultural Policy (CAP) 'convergence' funding, the Government has confirmed it will allocate £56.59m of new funding. This should address concerns around the formula used to distribute this 'convergence' funding across the UK so that it rewards land that previously received less CAP funding per hectare than the EU average. The agriculture funding for 2020-2022 should therefore be increased in Wales and Scotland, with Scotland receiving approximately £51.4m. Further details are available on the GOV.UK website.