If the cost of borrowing money rises, consumers and businesses have less money to spend. As demand falls economic growth slows down and in theory so should the prices of goods and services. Increasing the Bank rate is like a lever for slowing down inflation.
Just copied the above,
If energy and...
Where will the Milk come from going forwards?
In my own very local area 3 dairy farms have gone or are about to sell the herd in the last 12 months, all three have been driven out by the low returns for the amount of work and/or the investment needed to carry on milking not being worthwhile...
We currently have a good job going here but can't seem to find anyone suitable or people just let you down and don't answer their phone .Is this other people's experience
As we are now farming in times of very high input prices but hopefully high out prices, how are most of the farmers/ landowners reacting to the situation.
Are they saying no problem I have the financial resources,(not necessarily from farming) so Lets carry on as before, OR are some saying I...
Reading a thread about high fert prices and some farmers are asking for the government to step in and subsidies the price. Then another thread suggesting the government should help subsidies fuel prices. Farmers must get more government hand outs then a black single mother in a council flat with...
Written by William Kellett from Agriland
Farm businesses have seen input costs rise sharply over the last year, with recent events in Ukraine pushing gas, fuel and grain prices to record highs.
Fertiliser prices also remain high, with uncertainty over supplies in the coming months and all...
I cant help but think an economic recession is immanent
The common mans wages is not going very far, inflation alone is a kick in the teeth but with energy and fuel price hikes everything will go up.
I was told today with Russian sanctions timber being shipped from the Baltics has been slowed...
Was think about this, particularly with relevance to what is happening in Wales where land is being bought up for tree's. Do we need a different model for this now?
Fundamentally, is this land valued correctly now?
Not in farming terms, but in it's value to the financial houses (the other...
Operating in a similar way to an overdraft and on more competitive terms, it allows farmers to draw down from their approved credit limit and transfer money instantly into their main bank account to pay back when it suits their cashflow, with a minimum repayment of 5% per month plus interest...
UK Agricultural Finance continues to lend
Despite the disruption caused by Covid-19, UK Agricultural Finance (UKAF) has continued lending and has had a regular flow of loans completing. The first few months of the year have been a busy time, with increasing numbers of enquiries after the...
UK Agricultural Finance continues to lend
Despite the disruption caused by Covid-19, UK Agricultural Finance (UKAF) has continued lending and has had a regular flow of loans completing. The first few months of the year have been a busy time, with increasing numbers of enquiries after the...
With the reduction in BPS and increasing interest rate environment is everyone seeing a reduced appetite from banks to lend to the agricultural sector or are they naively thinking that ELMS will be the saving grace?
Yesterday, the euro gained considerable strength against the US dollar, with a recorded close of €1=$1.1438 (Refinitiv). This was a rise of 1.2% from the previous day.
Strengthening was a result of the European Central Bank raising concerns over rising inflation, causing thought that the timing...
HI All
Just wondered if any has used the Oxbury bank 5 day notice account.
As it is a new bank would be interested to see peoples opinions both +ve and -ve.
Cheers
paul
I'm told that in our farmshop, lots of local people think Liz Truss would be a great leader.
Must admit, I think she is a bit of a tart, two faced, ruthless in her own ambition & not suitable.
Given the situation we need a fresh face on the fringes of the cabinet, I nominate Victoria Aitkens...