Agricultural Transition Plan

The Government set out in our manifesto that we will keep the budget for each part of the UK the same in cash terms for every year of this Parliament, and that is what we intend to do. Matters thereafter will be a matter for all the political parties in their manifestos for future elections and, of course, for future spending reviews. I should point out that the European Union’s budget runs for only seven years and it has cut its budget by 10% for the next perspective.