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Agriculture: Capital Investment

Asked by David BainesLabourDepartment for Environment, Food and Rural AffairsTabled Answered 11 October 2024UIN 6858

The question

To ask the Secretary of State for Environment, Food and Rural Affairs, if he will make an assessment of the potential merits of (a) financial incentives and (b) other support for (i) farmers and (ii) the wider agricultural sector for investment in (A) machinery and (B) infrastructure.

Answered by Daniel Zeichner

We are committed to supporting all farming sectors to increase levels of productivity whilst increasing their sustainability and resilience. We are looking carefully at how to position further investment and support to enable the delivery of this Government's objectives, including a range of existing and new fiscal and non-fiscal support. We will confirm plans for the rollout of schemes and our wider approach as soon as possible, and the farming budget beyond this year will be part of the government’s spending review.

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