Defra has secured a budget of £2.4 billion for the next financial year and they appear committed to rolling out the new Environmental Land Management Schemes. In a Blog post yesterday, they set out the next steps with rolling out SFI, Higher Tier Stewardship and Landscape Recovery, but also set out the de-linked Basic Payment Scheme rate for 2025. Defra plans to apply a 76% reduction to the first £30,000 of the BPS reference payment while making no payments for any portion of the payment above £30,000. This means the maximum BPS in 2025 will be £7,200. This is a far more drastic cut than anticipated and will particularly impact on farmers who previously received more than £30k in BPS.
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