Michael Gove delivered a speech yesterday morning which included a vision of what the future of farm subsidies and the Basic Payment Scheme could be after Brexit in March 2019.
He envisages guaranteeing that BPS payments will continue for a transition period in England for a number of years. He proposes that there should be a five-year transition period which would see BPS remaining in England until 2024.
Transitional payments would be paid without the need to comply with the existing cross-compliance rules and procedures and guarantees farmers an income during the transition period.
He also added that during this time they would propose to first reduce the largest BPS payments, either through a capped sum or reductions on a sliding scale.