Farmers are in £11bn of debt – an all-time high, reported the Financial Times.
But farm income was 40% higher this year than last, easing some of that burden.
Farmers needn’t worry as long as they have “sizeable equity in their lands, buildings and machinery”, said Tom Hind, the NFU’s economics adviser.
The British Bee Keeping Association has announced that 2bn British bees have disappeared this year – which, they say, costs the economy nearly £54m, the Independent reported.
Hundreds of members are marching to Westminster today to protest at the lack of government funding for the problem. The group says one-third of crops rely on bees for pollination.
“People are underestimating this problem as much as they did the credit crunch,” said Suffolk MP Michael Lord.