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£10billion no-deal Brexit fund to bail-out farmers, factories and fishing

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www.mirror.co.uk

Cabinet ministers are planning a bail-out package up to £10billion to help industries hit the hardest in the case of a no-deal Brexit, according to reports.

Agriculture and food producers, chemical suppliers, the automotive industry and fishing are said to have been identified as among the sectors hardest hit.

Whitehall departments are compiling proposals which include resilience deals for some who face trade disruption or EU tariffs in the new year, The Sunday Telegraph reports.

These include sheep farmers, fishermen, car manufacturers and chemical suppliers. Two sources involved in compiling the plans told the Telegraph the package is expected to involve between £8billion and £10billion of funding.

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