Finance News

Simon Ray always knew he’d need an extra revenue stream. He didn’t realise how simple it would be to fund it, after speaking about his finance options to Rural Asset Finance.

The UK farmland market continued to demonstrate resilience in 2024 with small rises in the value of arable and grassland. Looking forward to 2025, farm and estate property consultancy Carter Jonas believes there are many reasons to be optimistic about the year ahead.  

The proportion of rural residents saying they are more likely to seek financial advice almost trebled in the last quarter of 2024 amid the tougher economic backdrop, according to new research from NFU Mutual.   

More farmers are seeking advice on their pension pots following changes announced at the Budget, which will bring unspent pensions and death benefits within the scope of inheritance tax from April 2027 – making it more difficult for farmers to pass on wealth to the next generation. 

A new study to examine farm household income and reliance on government subsidies will go ahead thanks to a financial boost. The research aims at informing policymakers on the realities of farm finances.

Small businesses across the UK have been facing many financial challenges in 2024, including fraud and scams, the Financial Ombudsman Service has revealed. 

Amid ongoing fears about changes to inheritance tax, chartered tax advisers and accounts, Tax Innovations, offers advice on what to do before April 2026.

The government has said a ‘new and improved’ Countryside Stewardship Higher Tier Scheme will open in 2025, following delays.

In today’s volatile agricultural market, staying profitable is tougher than ever. Attara says it is here to help you hedge against risks and gain control over your bottom line.

The recent Budget announcements sent shockwaves through many rural businesses across the UK, with the latest data showing that the drastic reduction of the Basic Payment Scheme will have the biggest impact on farmers in less favoured areas. 

Data commissioned by the NFU has shown Labour is not trusted by its 2024 voters on issues surrounding the impact of the Budget on farmers. Changes to inheritance taxation on family farms are unpopular, and perceptions that Labour does not value rural voters as highly as urban ones are building. 

The farming and agriculture sector SMEs are urged to register a business banking complaint with the Business Banking Resolution Service (BBRS), which is set to close to new registrations on 13th December.