UK farm lending reaches new record levels

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UK farm lending reaches new record levels

4th August 2008, 11:40:AM

Bank of England data released today (August 4, 2008) shows that bank lending to agriculture at the end of June 2008 rose to an all-time high of £10.6 billion. This is an increase of £889 million compared to the same period in 2007 when total lending was £9.7 billion. This equates to a rise of 9.1 per cent. The latest data also represents an increase of 5.2 per cent since the end of March this year, when total lending was £10.1 billion.

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Tags: bank, barclays, rose

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UK farm lending reaches new record levels

UK farm lending reaches new record levels

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