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 […]
‘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 […]
