"Farmers will be guaranteed the same level of subsidy they now receive from the European Union for five years after Brexit in a government U-turn expected to cost more than £10 billion."

"Mr Gove has repeatedly criticised the CAP and its central concept of paying farmers according to the amount of land they own. More than two thirds of the £3 billion that farmers receive annually under the CAP is paid per acre, with subsidies accounting for more than half their total income."

"Several billionaires are among recipients of the highest farm subsidies under the CAP, including Khalid Abdullah al-Saud, who breeds racehorses on a Newmarket farm that receives more than £400,000 a year. There are 39 recipients of £1 million or more a year, including farms owned by Sir James Dyson, the inventor who backed Brexit."

"He will say that the new system of subsidies will “build on” the EU’s system, under which less than a third of total payments are linked to “countryside stewardship”, adding: “We will design a scheme accessible to almost any landowner or manager who wishes to enhance the natural environment by planting woodland, providing new habitats for wildlife, increasing biodiversity, contributing to improved water quality and returning cultivated land to wildflower meadows or other more natural states.” Mr Gove will also pledge more money to farmers who agree to club together to provide environmental benefits over large areas."
https://www.thetimes.co.uk/article/michael-gove-forced-to-plough-10bn-into-farm-grants-after-brexit-vpnpmdsx7