The big question in terms of farm support over the next few months is how much funding there will be for 2025 and beyond. The process by which we find out is unclear. By reading various statements from the Treasury, we believe the timetable is as follows;
- the Budget on 30th October will set Departmental spending for 2025/26, including Defra’s. This may also cover ‘in-year’ adjustments for the 2024/25 year, including any clawback of unspent Defra funds for other purposes
- soon after (or concurrently), Defra shoudl then provide the Agriculture budget for the 2025 BPS year and BPS deductions for 2025 in England
- a comprehensive Spending Review will conclude in spring next year. This will be for a minimum of three years (for 2026/27 to 2028/29) so would cover support years 2026 to 2028 – through to the end of the Agricultural Transition
We will, of course, keep you updated on any developments.
If you found this article useful, there are numerous additional articles published each month on our Professional Update bulletin service. You can access a no obligation 90-day free trial via the link below.
Sign up to the Professional Update
