THE Bank of England may have kept interest rates on hold again, but farmers have been warned that the cost of borrowing could be set to rise.
THE cost of farm borrowing could soon rise, believes a leading agricultural banker.
LLOYDS TSB has opened a dedicated agricultural office for farmers at Wisbech, Cambridgeshire.
Farmers who have chosen to receive their Single Farm Payment in pounds this year can still protect their support from currency movements.
Growing political support means farmers are in their strongest position for decades, claims a leading banker.