The British Business Bank has agreed a further £100m increase to its existing ENABLE Guarantee transaction with leading fintech Oxbury Bank, a UK bank with a singular focus on farmers, food production and the rural economy. This second increase brings the British Business Bank’s total transaction to £300m and will help provide Oxbury with £150m […]
A THIRD-generation egg producer has welcomed some aspects of Defra secretary Steve Reed’s so-called “new deal for farmers.” However, managing director of Farmlay Iain Chapman, stopped short of giving his wholehearted support to the Secretary of State’s speech at last month’s Oxford Farming Conference because of the cloud of controversial changes to Inheritance Tax (IHT) […]
Farmland retains its inherent resilience: Demand continues to outstrip supply, despite numerous challenges in the political and environmental landscape. Overall, the farmland market edged up slightly during 2024, according to the latest results from the Knight Frank Farmland Index, which tracks the value of bare agricultural land in England and Wales. Despite the turbulent year […]
Banks need to radically rethink how they support farmers to shift to farming systems that prioritise climate and nature, according to new farmer-led research from Soil Association Exchange. The study spoke to more than 100 UK farmers and revealed a clear absence of financial solutions and advice that recognises the complexity of the transition they […]
Commenting on the caps on Business Property Relief and Agricultural Property Relief introduced in the Budget, Mark Andrews, partner at accountancy firm UHY BPR Heaton, comments: “This is not just about farms, any business exceeding the £1m threshold could be left with big IHT bills. Shares in small companies and partnerships, although valuable are not […]
The UK’s Biodiversity Net Gain (BNG) scheme is at risk of being under-supplied with credits due to structural barriers to farmer and landowner participation in nature markets – but these issues can be addressed through targeted policy changes that will further support the delivery of a credible, high-integrity market. By converting land for biodiversity preservation […]
Up to 10% of UK farmers could abandon the industry ahead of the new government’s Autumn Budget, as growing concerns about increased Capital Gains Tax and reduced subsidies put the future of British agriculture at risk, according to a leading agriculture expert. Mark Chatterton, head of agriculture at Duncan & Toplis accountancy and business advisers, […]
Barclays has launched a discounted interest rate across a number of its Green Loans for Business propositions in a bid to help make reducing emissions and boosting biodiversity less cost-prohibitive for the agriculture industry and other UK businesses. Barclays’ Green Loans for Business can help businesses fund the purchase or refinance of eligible green assets. Barclays […]
Headquartered in Boston, the company supplied a wide range of farm and groundcare machinery from leading manufacturers including New Holland, Horizon, Amarzone and JPM Trailers. From tractors and combine harvesters to trailers and mowers, its customers included farmers, groundcare professionals and potato growers across the UK. The Burdens Group offered both new and used agricultural […]
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 […]
