Only the top 10% of farmers would be able to survive due to severe drops in EU subsidies

A British exit from the European Union would have a devastating effect on the nation’s farmers, leaving only the most efficient 10% able to survive without the multi-billion pound subsidies currently handed out by Brussels, says a new report.

The study, titled Preparing for Brexit by the independent London-based analysts Agra Europe – who track EU and UK policy, also warns that leaving the EU could damage UK food exports, cause large multinational food companies to relocate away from the UK, and choke off the supply of much-needed seasonal labour from eastern Europe.

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Source: Guardian Environment