ARA News Articles

Autumn Statement sends mixed message to farming community - December 9, 2015
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Towards the end of last month the Chancellor George Osborne delivered his Autumn Statement to Parliament in which he outlined a number of changes that are likely to affect the agricultural sector in the months to come. One such measure was the confirmation of the extension of farmers’ averaging from two to five years, which … Continue reading Autumn Statement sends mixed message to farming community


BPS payments delayed for some, but not for others - December 9, 2015
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Initial reports from the UK’s farming community have indicated a significant split between farmers who have applied for the basic payment scheme (BPS); with some facing a long wait, while their neighbours have already received their payment. The Rural Payments Agency (RPA) promised farmers that they would receive their funding from the BPS by January, … Continue reading BPS payments delayed for some, but not for others


Younger generation need to get serious about pensions - December 9, 2015
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The average 35-year-old needs to save £666,000 into their pension in order to match current living standards. These figures have been published in a new report by pension provider Royal London, who has described the challenge facing young adults today as “frightening”. Analysis by the firm showed that the average expenditure by pensioners is currently … Continue reading Younger generation need to get serious about pensions


Defra campaign launched to back British farming and advance food exports - November 12, 2015
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The Department for Environment, Farming and Rural Affairs (Defra) has announced the launch of the Great British Food Unit, a new project to advance UK food exports. Defra, working with UK Trade and Investment (UKTI), have established this new Unit and will incorporate their own global network within British embassies around the world to make … Continue reading Defra campaign launched to back British farming and advance food exports


Farm leaders call for BPS early payment commitment - November 12, 2015
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Farm leader from across the UK have called on the Rural Payments Agency (RPA) to provide assurance that they are focused on making Basic Payment Scheme (BPS) payments in December. On 1 December the next BPS window will open and farmers will be able to apply for the 2016 funding year. However, the NFU has … Continue reading Farm leaders call for BPS early payment commitment


Making the most of your finances – now and in the future - November 12, 2015
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New data released by the Department for Work and Pensions (DWP) has revealed that the agricultural sector has the lowest levels of participation in the government’s workplace pension scheme. The figures from the DWP show that only 26 per cent of those in the agricultural sector used a workplace pension scheme between 2012 and 2014, … Continue reading Making the most of your finances – now and in the future


Moore Thompson announces return to LAMMA - October 20, 2015
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We are delighted to announce that they will be attending next year’s LAMMA show – the UK’s leading farm machinery and services event. We have confirmed our attendance at the show, which is due to take place on 20 and 21 January, for a second year running. Held at the East of England Showground in … Continue reading Moore Thompson announces return to LAMMA


UK sees record arable harvest, but could experience lower prices - October 20, 2015
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This year’s harvest could see one of the UK’s largest wheat yields on record, according to the National Farmers Union (NFU). However, it adds that this could cause concern amongst farmers who are worried about the affect this could have on the price of their produce. The latest NFU survey has revealed a six per … Continue reading UK sees record arable harvest, but could experience lower prices


Farm fires cost industry up to £100m a year - October 20, 2015
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Research has revealed that the UK agriculture industry lost up to £100 million due to the cost of farm fires in 2014. Insurance experts at NFU Mutual have released figures showing that they paid out £44.7 million in fire claims during 2014, and that these payments covered about 75 per cent of the total market … Continue reading Farm fires cost industry up to £100m a year


Study suggest that many retirement plans are at risk - October 20, 2015
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Pension incomes have shrunk by 73 per cent since 2000, according to new research. Poor-performing pension funds and falling annuity rates are to blame says the Moneyfacts website which produced the study. The result is that workers dreaming of transforming their retirement fund into a pension income – by annuity – are putting off leaving … Continue reading Study suggest that many retirement plans are at risk


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