Finance
Defra unveils new £10m welfare fund for beef and dairy farmers
A £10 million fund is being made available to beef and dairy farmers to help them replace ageing cattle buildings with new facilities, Defra has…
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Finance
Farmers urged to to apply for 'postcode lottery' diversification grant
Farmers thinking of diversifying are being urged to get on the front foot by applying for a new grant which has been discretionally apportioned and…
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Finance
IHT rule change on farm assets within EEA, Isle of Man and Channel Islands
Changes to inheritance tax (IHT) rules mean APR and woodland relief for IHT purposes will cease to be available on property assets within the EEA…
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Finance
BPS advance payments to be issued on 1 August, RPA confirms
Farmers can expect BPS advance payments to be issued on 1 August, the Rural Payments Agency (RPA) has confirmed. Responding to farming industry…
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Finance
Patchwork of grants and strategies set to support farmers post-BPS
With the Basic Payment Scheme on its way out for farmers – how many have truly prepared for life after the scheme disappears for good? Ian McKenzie…
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Finance
Average value of an acre of arable land could soon reach all-time high
The average value of an acre of arable land could reach an all-time high by the end of the year, new research has suggested. Pasture values have…
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Finance
Watchdog urged to investigate UK fertiliser market after record profits
The Competitions and Markets Authority (CMA) has been urged to examine the UK fertiliser market following record profits. NFU Scotland said for…
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Finance
Labour costs in farming increased in 2022, ONS data shows
Labour costs within farming grew last year as weekly earnings averaged £437, according to the latest ONS data. The peak earning was reached in…
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Finance
Farmers gear up for Great Glen Challenge to raise £50k for RSABI
Twenty-four teams from a range of roles in Scottish agriculture are training hard for a multi-sporting event to raise £50,000 for farming charity…
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Finance
500% jump in fertiliser firm profits 'likely fuelling' food inflation
A 500 percent jump in fertiliser company profits last year is likely fuelling food price inflation, suggests new analysis. The Energy and Climate…
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