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Rural businesses miss out on £300m funding pot

Farming Weekly reports that farming and rural areas could lose government funding worth hundreds of millions of pounds a year, according to research from the Country Land and Business Association (CLA)

The CLA explained that changes have been made to the way rural funding would be administered after an analysis of the small print in last month’s Budget.

The changes surround the UK Shared Prosperity Fund, (UKSPF), which replaces the EU Structural and Investment Funds (ESIF) that supported deprived rural areas before Brexit.

The change will mean that rural businesses will not be able to access the grant for the next three years.

Full article:

Farming Weekly - Rural businesses miss out on £300m funding pot


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