Finance News

Farmers have been warned to avoid getting caught out by the much-anticipated rise in fuel duty, which is expected to be announced in the Budget on 30th October. 

More farmers are planning to diversify their businesses to boost farm incomes in the long-term, new research conducted by NFU Mutual has revealed. 

Aldi has announced plans to invest over £30m in dairy farmers over the next three and a half years through an enhanced partnership with Arla. 

“The farming and growing businesses that produce food need long-term certainty so they can plan and invest for the future,” said the NFU president while calling on the government to deliver an increased agriculture budget. 

Farm input costs have increased by an average of 44% since 2019, according to research by the Agriculture and Horticulture Development Board (AHDB). 

Scrapping inheritance tax reliefs would tear apart family farms and damage the UK’s food security, according to a new poll by the Country Land and Business Association (CLA). 

Households have been warned they could face fines of up to £1,300 for using fireplaces this autumn and winter. 

The British meat industry is warning that beef exports can be “ceased overnight” as Defra is failing to comply with the EU’s new regulations. 

British farmers warn that extreme weather could cause food shortages and riots in the next decade. 

The Farming Community Network (FCN) has launched a new resilience checklist to help farmers and farm businesses review some of the common components of business and personal resilience, helping them to identify strengths and highlight areas where additional information or support may be beneficial. 

With the daunting number of funding changes that have been – and still are – taking place across the farming community in the UK, there is a clear need for transparent advice and guidance for farmers on the Farm Resilience Fund. Sarah Juggins reports.

The weather upset many cropping plans in 2023/24, with growers understandably keen to get back on track this autumn. However, as farm support shifts further towards crop-specific measures within the SFI, now is an ideal time to review rotation planning, Hutchinsons experts advise.