Interest rates

czechmate

Member
Mixed Farmer
But the public have been 'educated' to expectations of:
Annual holidays
A new mobile phone every 2 years
Dining out
Takeaway food multiple times a week
Wearing fashion clothes
Multiple cars per household
Etc, etc

It underpins our economy.

UK politics, like most others, is utterly wedded to endless economic growth.

The wheels are about to fall off that model it seems.

tbh, though, I’m sure I’ve been hearing the wheels are about to fall off, my whole life time.
HP and the never never were the buzz words when I were a lad
 
I shall never forget "Black Wednesday" when BoE base rate rose to 15%. That really HURT !!!!
Remember it well, it was the day we signed for a block of land up the road, dad came home from market looking worried, he’d heard a rumour base rate had jumped from 10 to 13 percent.
It had just come on the radio, it was worse it was now at 15 percent.
We sat at the dinner table heads in hands not wanting to eat

By night chancellor Norman Lamont had pulled out of the ERM and base rate was back to 10 percent .

Interest rates eased gradually over the next few years which were very good years for us and land we had planned on paying off over 10 years was paid off in about a third of that time.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 77 43.5%
  • Up to 25%

    Votes: 62 35.0%
  • 25-50%

    Votes: 28 15.8%
  • 50-75%

    Votes: 3 1.7%
  • 75-100%

    Votes: 3 1.7%
  • 100% I’ve had enough of farming!

    Votes: 4 2.3%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,286
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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