‘Frugal’ UK farmers are facing rising costs – resulting in them taking on more debt as well as ensuring they are making the most of grants and subsidies available to them, according to new research* from wealth manager Investec Wealth & Investment (UK), with 100 freehold farmers across the UK. Two out of three (66%) […]
Oxbury, Britain’s first and only fintech 100% dedicated to farming, with a full UK banking licence and powerful agtech proposition supporting agriculture’s critical transition to net zero, has reported is financial results for 2023, achieving annual profitability for the first time – with over £3m of pre-tax profit. Launched in 2021, Oxbury’s mission is to […]
The Scottish farmland market is experiencing an unexpected early surge in activity despite weather-related pressure, as well as economic and policy factors. According to Savills, the number of acres advertised for sale on the open market to the end of May was 64% higher than for the same period in 2023, and 50% higher than […]
For many UK farmers, their farm represents not just their livelihood but also their primary source of retirement funding, according to new research from wealth manager Investec Wealth & Investment (UK), with 100 freehold farmers across the UK. The findings reveal that almost all (96%) of UK farmers interviewed see their farm or investment in […]
Tesco, the UK’s leading supermarket and NatWest, the largest UK bank for business and one of the largest for the farming sector, have today launched a new discounted climate and sustainable finance scheme for 1,500 of the retailer’s farmers, providing them with preferential rates on finance to help them switch to sustainable farming methods, including […]
Mark Chatterton, a director at Duncan & Toplis who leads the company’s team of agriculture specialists, says the prime minister and environment secretary have demonstrated “good timing” in announcing the funding, potentially cutting off talk of possible demonstrations as seen elsewhere in Europe. Mark said: “This is good timing from the government – it has […]
Agricultural market leader Cefetra has launched a new partnership with leading bank NatWest to reduce the financial barriers for farmers transitioning to more sustainable agricultural practices. Through its asset finance arm Lombard, NatWest will provide critical financial assistance to farmers in the Cefetra supply chain under the innovative Cefetra Ecosystem Services programme, which was recently […]
2023 was a pivotal year for GB farmland supply with 157,200 acres marketed, which is 15% more than the previous five-year average, but still below the 162,000 acres average recorded during the years between 2003 and 2016. In its latest rural research publication Spotlight: The Farmland Market Savills suggests there is potential for publicly marketed supply to […]
The start up behind a new AI-based forecasting tool for the soft fruit industry was one of just 13 businesses selected from across the UK to showcase innovation and investment opportunity to the world’s leading financiers. FruitCast, which uses imagery and data to forecast growth in strawberry plants, was invited alongside Aston Martin, McLaren Group […]
The head of agriculture at one of the Midlands’ largest accountancy and business advisers has set out the “unprecedented” impact of recent floods on farming livelihoods in parts of Nottinghamshire, Lincolnshire and Leicestershire. Mark Chatterton, a director at Duncan & Toplis who leads the company’s team of agriculture specialists, says this year’s floods were the […]
