Research reveals the entrepreneurial spirit of UK farmers as they diversify their farms and income
Farmers across the UK are showing their entrepreneurial spirit, as they diversify traditional arable, dairy or livestock farming to use their land in a whole manner of new ways in order to increase or supplement their income, according to new research* from wealth manager Investec Wealth & Investment (UK), with 100 freehold farmers across the […]
UK Agricultural Finance continues to lend
The first few months of the year have been a busy time, with increasing numbers of enquiries after the uncertainty around the election. Unlike other lenders, UKAF has kept writing loans during the lockdown, thanks to secure funding lines across its bridge and term products, supported by a rapid move to remote working. UKAF and […]
Update on farm payment schemes
The Rural Payments Agency (RPA) has now paid almost 99% of eligible farmers under the Basic Payment Scheme (BPS 2020). The latest figures from the RPA show that BPS payments worth £1.76 billion were made to farmers by 29 February. This is an improved position on last year, with 1.4% more customers paid by the […]
RPA continues to leave farmers in the dark over payments
Over 3,000 farmers and growers are still in the dark over 2017 BPS payments, as the NFU continues its call for improved communications and efficiency from the RPA. Analysis by the NFU of new RPA figures revealed that more than 3,000 farmers are left waiting for their BPS payment, despite over 95% of farmers in […]
Farmer business grant available in Wales
Farmers in Wales have the chance to apply for capital grants under the new Farm Business Grant Scheme. The grant is designed to help farmers in Wales to improve the economic and environmental performance of their agricultural holdings and will provide a 40 per cent contribution towards capital investments in equipment and machinery that have […]
Thousands of BPS 2017 applications received
More than 10,000 2017 Basic Payment Scheme (BPS) applications have been submitted since the application window opened on 1 March, the Rural Payments Agency (RPA) has announced. The RPA is encouraging farmers to apply online now, to ensure that their application is submitted before the deadline. Applying online means that farmers and agents can quickly […]
Rural Payments Agency pays [93]% of Basic Payment Scheme claims in January
![Rural Payments Agency pays [93]% of Basic Payment Scheme claims in January](https://www.farmingmonthly.co.uk/wp-content/themes/_city-desk/timthumb.php?src=http%3A%2F%2Fwww.farmingmonthly.co.uk%2Fwp-content%2Fuploads%2F2015%2F12%2FRural_Payments_Agency.jpg&q=90&w=160&h=106&zc=1 "Rural Payments Agency pays [93]% of Basic Payment Scheme claims in January")
More than 80,000 (93%) farmers in England have now received their 2016 Basic Payment Scheme (BPS) money. This means the Rural Payments Agency (RPA) has paid 93% of eligible claims more than two months ahead of its end of March target. The payments are worth £1.48 billion and include a range of 2016 BPS claim […]
Rural Payments Agency pays 91% of 2016 Basic Payment Scheme claims in December
Over 78,000 (91%) of farmers in England received their 2016 Basic Payment Scheme (BPS) money by the end of December. Environment Secretary Andrea Leadsom said: “I know how important these payments are to farmers and I am pleased that the RPA has surpassed its target of making 90% of payments by the end of December. […]
CAAV welcomes Treasury’s commitment to farming
The Central Association of Agricultural Valuers has welcomed reassurance from the Treasury that funding will continue for new agri-environment agreements starting before Brexit. Chancellor Philip Hammond made the announcement on Tuesday, 3 October, ending months of uncertainty over the future of Countryside Stewardship payments. Having previously stated that the government would honour funds for projects […]
