Financial Times FT.com

Sweetheart deals

By Alan Beattie

Published: July 26 2008 01:39 | Last updated: July 26 2008 01:39

John Ailwyn Fellowes, the fourth Baron de Ramsey of Ramsey Abbey in the prosperous English district of Huntingdonshire, is worrying that not enough people are going to pop festivals.

You wouldn’t think he’d need to. Lord de Ramsey’s 8,000-acre estate, 3,000 acres of which he owns outright, is the kind of place that critics of the European Union’s Common Agricultural Policy (CAP) seize on: in recent years its wealthy owner has raked in more than £200,000 a year in EU farm subsidies. Many of the estate’s crops, such as sugar beet, are produced at prices that couldn’t compete on world markets.

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