<h1 style="text-transform: capitalize" >interest rates</h1>
Farm lending hits record high, Bank of England reveals
Lending to agriculture hit an all-time high of £10.6bn at the end of June 2008, according to figures released by the Bank of England today (4 August)
04 August 2008
Bank of England cuts interest rates to 17-month low
The Bank of England has cut interest rates by 0.25% to 5%, their lowest level since November 2006.
11 April 2008
Credit crunch could mean mixed fortunes for farmers
Uncertainty surrounding world markets could extend to the farming sector, with tenanted holdings and those with high borrowings at greatest risk
25 March 2008
Bank of England rate cut provides boost to farmers
The Bank of England's 0.25% interest rate cut earlier today will benefit the UK farming sector, according to one major high street bank.
07 February 2008
Farm Borrowing costs unlikely to fall dramatically, despite global stock market crash
The Bank of England is unlikely to follow the US Federal Reserve by slashing interest rates, despite the global stock-market crash, its governor Mervyn King warned yesterday evening.
23 January 2008
New proposals for single payment scheme could bring risk of fines
Farmers could find themselves at risk of fines for breaching cross-compliance legislation if a draft proposal for altering the single farm payment occupancy criteria is adopted.
20 September 2007
Farm borrowing reaches record levels
Agricultural borrowing has reached an all-time high after lending increased by almost 4%, according to latest figures from the Bank of England.
06 August 2007
Interest rates held at 5.75%
Borrowers are breathing a sigh of relief after interest rates were held at 5.75%.
02 August 2007
Interest rates rise again
The Bank of England has raised interest rates to 5.75%, the fifth rise in less than a year.
05 July 2007
Rising feed costs could offset gains in pig price
Recent improvements in EU pigmeat prices could be more than offset by higher feed costs.
18 June 2007
Latest figures reveal farming debt has fallen
Farming debt has fallen by 1.2% in the past year, but the interest rate rise will cost the industry more than it saves, according to Barclays.
14 May 2007