The role of agricultural finance in supporting young farmers in 2024

The future of UK agriculture rests in the hands of young farmers. With innovation, energy, and fresh ideas, they are the ones that will be driving the sector forwards.  For many aspiring farmers however, accessing the resources they need to establish and grow their farming enterprises is challenging. This is where agricultural finance comes in, offering solutions…

Agricultural finance and support resources for farmers navigating new Autumn Budget 2024 policies

The recent Autumn Budget introduced significant changes to inheritance tax that will impact the agricultural community, particularly in terms of Agricultural Property Relief (APR) and Business Property Relief (BPR). Beginning in 2026, these reliefs will be capped, potentially resulting in greater inheritance tax liabilities for farms whose assets exceed a £1 million threshold. This change has raised…

DEFRA’s £100M ELM underspend: What it means for UK agriculture

The Department for Environment, Food & Rural Affairs (DEFRA) is set to surrender a significant £100 million underspend from its Environmental Land Management (ELM) schemes to the Treasury. This development raises concerns and discussions among stakeholders in the agricultural sector about the implications and future of environmental funding and support in the UK. What’s happening?…

Solving the labour shortage in the UK’s agricultural and rural industries

In recent years, the agricultural sector in the UK has faced a significant labour shortage, impacting everything from daily operations to long-term sustainability. This issue is complex, influenced by a variety of socio-economic factors, and the implications for rural economies are profound. The root of the problem Several key factors contribute to the labour shortages…

Introducing Vehicles for Supply and Finance with Peregrine

Our new ‘vehicles for supply and finance’ page is set to offer a range of vehicles suited for teams of all sizes.  We’ll be continuously updating our inventory to showcase our offerings. All our vehicles are competitively priced, and we can support your business with tailored finance solutions. What Do We Offer? With experience in…

How to Access Agricultural Grant Opportunities in the UK (2024) 

Looking for agricultural grants in the UK can be a tricky business. First find the grant, second have the capital, third apply successfully. Luckily, the UK offers a diverse array of agricultural grants designed to enhance productivity, improve sustainability, and support animal welfare.  However, accessing these grants often requires initial capital, which can be a…

UK pig producers see profit of £16 per head during Q1 2024

UK pig producers have, on average, recorded a profit of £16 per head during the first quarter of 2024, the latest figures published by AHDB show. This was the fourth successive quarters of positive margins, averaging £20/head, after a net margin of £19/head in Q4 2023 and £22/head and £25/head respectively in Q2 and Q3.…

Changes To Permitted Developmental Rights

Big News for Farmers! Starting May 21, changes to permitted development rights are kicking in, making it easier for farmers to diversify and expand without the usual red tape. These new rules mean: – No need for planning applications for specific development types. – More flexibility to convert farm buildings to commercial uses and homes.…

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