Universidad Carlos III de Madrid - UC3M
BREXIT & THE COMMON AGRICULTURAL POLICY
by Michel Jacquot and Daniel Guéguen, 2016 November
Tuesday 15 November 2016, by Carlos San Juan
For decades, the British farming community has been the recipient of generous subsidies under the EU’s Common Agricultural Policy. Last year CAP payments to the UK totalled about £3bn, making up 55 per cent of farmers’ incomes. Once the UK leaves the bloc, these payments will come to an end, potentially endangering businesses across the country.