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Last year, dairy farmers received a little under 29p for every litre they sold: this is set to fall to less than 25p.
This is set to fall further, to around 45% this year – which is close to the long-term average, Morgan said.
They now amount to 70% of the net average national wage, but this is set to fall to 67%, using a new system of calculation, which will be the equivalent of only 64% under the old system.
And this is set to fall to approximately 1.6% following the drastic pruning of academic budgets.
Similar(56)
There are now three people of working age for every pensioner and that is set to fall to nearer two by the end of this century.
This is because the focus is set to fall on offenders using their mobiles for "dangerous" criminal activity.
Bournemouth and Barking and Dagenham are the only parts of the country where the median age is set to fall over this 45-year period.
Yet by the end of this parliament, public spending on social care is set to fall to less than 1% of GDP (pdf), with most of our western European neighbours leaving us behind.
Economic growth in the United States has slowed and gasoline demand is set to fall this year for the first time since 1991.
But, despite this year's strong pick-up in growth, the UK's GDP is set to fall well short of this expansion by the end of the year.
The volume of trade in merchandise is set to fall by 9% this year, according to the World Trade Organisation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com