Bank borrowing falls as interest rates increase

摘要

UK farming was borrowing 4.5 less at the end of April than a year earlier and 8 less than the recent peak of April 2021.Lending to agriculture at the end of April stood at ￡18.009bn, a fall of ￡857m on the year. However, this masks the position of many individual businesses, especially in the pig, poultry, field vegetable and protected cropping sectors, where borrowings have risen over the past year.