Lump sum exit scheme and delinking payments – does the future look bright?
This week DEFRA have announced the initial consultation phase of their lump sum exit scheme is now open. This scheme was first mentioned when the agricultural transition plan was released back in 2017. We have summarised the proposals below – it is worth noting that DEFRA are looking for farmers to take part in the consultation to help build a scheme that might work for them. The reasoning behind the scheme is to offer a lump sum payment to farmers who wish to retire or leave