NFU responds to Chancellor’s Autumn Statement

The NFU has responded to the Chancellor’s Autumn Statement, saying there is “much to be welcomed” from yesterday’s announcement, particularly on investment in research and development and the roll out of gigabit broadband technology to those hardest to reach rural communities.
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NFU president, Minette Batters, added: “While we await further clarity, these commitments would enable Britain’s farmers to be more productive and efficient, while continuing to produce sustainable food and achieve ambitious net zero goals.

“Like other businesses, it’s rocketing costs for energy - central to producing our food – as well as huge hikes in feed, and fertiliser, which is putting Britain’s farmers and growers under the most intense pressure.

"We expect an announcement on future support for businesses before Christmas and it is vital this new targeted approach for business beyond next April includes UK food production and the food supply chain.

NFU responds to Chancellor’s Autumn StatementNFU responds to Chancellor’s Autumn Statement
NFU responds to Chancellor’s Autumn Statement

“With a safe, affordable domestic food supply being central to our nation’s success, we believe there are robust grounds for the government to classify our industry as a vulnerable sector when it comes to energy provision.

“We also heard from the Chancellor today committing that government departments will have their overall budgets increased in real terms. We trust this will allow Defra to deliver a properly-funded Agricultural Transition Plan to ensure Britain’s farmers have the confidence to invest and grow their businesses, in turn, enabling British food, farming and the country to thrive,” she concluded.

The British food and farming sector contributes more than £120 billion to the UK economy and provides jobs for four million people.

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