Britain's Post-Brexit Promise of Farm And Science Subsidies Is Only Temporary

Philip Hammond, the Chancellor of the Exchequer, has announced that Britain will continue to pay the usual farming and scientific subsidies beyond the time that Britain leaves the European Union. This seems sensible as it at least provides certainty in the short term. We don’t even know how long it will take to leave the EU so the promise PMSEY +% to continue the subsidies to 2020 does indeed make that sense. An entirely unknown date at which they’ll stop would be worse than having them simply stop today.