Farm Debt Increases

September 9, 2015 12:00 am

UK farm debt increased by 8.4% to £17.1bn by the end of July 2015.  This is the fourth year in a row where borrowing has increased by more than 7%.  It is estimated that around 40% of new borrowing is to aid cashflows whilst the remainder is largely for investment in farm infrastructure, equipment or expansion.  In Scotland total debt rose by £73m (4%) between May 2014 and May 2015. Total agricultural debt in Scotland now stands at £2.03bn.


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