GFM Network News

Following the Brexit vote farmers are pulling in their horns and cutting investment plans.

U.K. farmers hold on to cash, cut investment on Brexit uncertainty

Uncertain about trade access and farm programs they’re planning 
to cut investments in machinery and land

British farmers are holding back on big investments as they brace for the U.K.’s exit from the European Union, their largest market and a vital source of subsidies. Agriculture enjoyed a brief boost after Britain voted to leave the bloc last June, when a weaker pound lifted profits by about 12 per cent and subsidy