NatWest Group, the UK’s biggest bank for business with 40,000 agriculture customers, has today confirmed an additional £1.25bn lending package to the UK farming community. This is to help it deal with a variety of cost pressures, and to aid them in making the transition to more sustainable practices. The announcement builds on an earlier […]
Virgin Money has launched a new £200m fund to support farmers in their transition to net zero, by offering lower cost loans that can be used to invest in changes which reduce on-farm emissions. The Agri E Fund is the first fund offered in the UK dedicated to supporting farmers with the investment and carbon […]
A record £1.3bn value in UK agri-tech deals was reached in 2021, showing sustained interest in technologies that offer solutions to the challenges of rising input costs, food security and environmental impacts. Behind the headlines is a strong pipeline of early-stage companies considering the best strategy for investment and the growing number of options for […]
Edinburgh-headquartered Rhizocore Technologies produces locally adapted mycorrhizal fungi to enhance tree-planting projects, a key measure in addressing carbon sequestration. The company’s specially developed fungal pellets are used when new saplings are planted helping accelerate woodland regeneration, improve forest productivity, and increase natural capital benefits. Rhizocore was founded by Toby Parkes, a biology graduate from the […]
Time Finance are delighted to announce that they have supported their client, A & B Contractors, with a £750,000 invoice finance and £100,000 XtraTime facility, as they use the funding to help harvest their ambitious growth plans. Established in 1989, A & B Contractors was set up by Richard Barrow, an entrepreneurial farmer with exciting […]
Analysis of the sector by Savills rural research suggests a provisional estimate for the average value of a prime forest traded in 2021 is £25,000 per net productive hectare, up from £15,000 in 2020, a rise of over 60%. This exceptional price growth is most concentrated in large scale asset transactions. The Savills commercial forestry market in […]
A dairy farm in Grassington is set to double capacity with the opening of a new warehouse in Keighley, following a six-figure investment from Lloyds Bank. Town Head Farm is a family-owned milk producer and distributor, led by David Oversby, grandson of founder William Oversby. It sells milk and juices to wholesalers, caterers and supermarkets, […]
The changing seasons brings with it the end to a frustrating harvest for most, the end to the government’s Coronavirus Job Retention Scheme and the end of the busiest time of year for farmland sales. Alex Lawson Savills head of farm and estate agency comments, “Between July and October there was a continuation of the […]
Nova Pangaea Technologies, the UK company which converts woody and agricultural residues into sustainable biocarbons, biofuels, biochemicals and biopolymers, has raised a further £2.4m from existing investors as part of a successful Series A funding round. The latest investment has been led by Par Equity, alongside Northern Powerhouse Investment Fund (NPIF) and Cambridge Angels as […]
A fifth-generation, family-owned potato farm in Cornwall has invested in new equipment that will see productivity more than double, after securing a £400,000 funding package from Lloyds Bank. Situated in Lanlivery, Colwith Farm is a leading grower and supplier of premium quality Cornish potatoes, distributing to wholesale food suppliers and brands including McCain and Burts […]
