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Scottish government to offer loans to farmers in preparation of no-deal Brexit

THE Scottish government will offer loans to help farmers cope with the “potential catastrophic consequences” of a no-deal Brexit.

A new scheme being announced today will allow eligible farmers to borrow up to 95 per cent of their payments under the Basic Payment Scheme 2019 from early October.

The Scottish government claims that the loans available to eligible farmers are more generous than under a similar scheme last year, which more than a quarter of a billion pounds to at least 13,500 farmers following months of adverse weather.

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