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UK Interest Rates held at 0.5%

14 July 2016

14th July 2016: The Bank of England has held UK interest rates at 0.5%, despite speculation that they may have been cut.

Cabinet Reshuffle - The Story So Far

13 July 2016

The new Cabinet announcements made this evening have been:-

  • Chancellor - Philip Hammond
  • Foreign Secretary - Boris Johnson
  • Home Secretary - Amber Rudd
  • Brexit Secretary - David Davis
  • International Trade Secretary - Liam Fox
  • Defence Secretary - Michael Fallon remains in this role

It is unlikely that there will be any further announcements made today in terms of Cabinet membership.

Davis appointed as new Brexit Secretary

13 July 2016

David Davis has been appointed as the Brexit Secretary heading up a newly created Brexit department.

Former Energy and Climate Change Secretary, Amber Rudd, is new Home Secretary

13 July 2016

Amber Rudd has been confirmed as the new Home Secretary. Her former role was as Energy and Climate Change Secretary 

Hammond appointed as new Chancellor

13 July 2016

Following Theresa May taking up the role of Prime Minister earlier today, she has begun to announce her new Cabinet and has appointed Philip Hammond, the former Foreign Secretary, as the new Chancellor following the resignation of George Osborne. Boris Johnson has been given the role of Foreign Secretary.

Leadsom withdraws from Conservative leadership election

11 July 2016

Andrea Leadsom has withdrawn from the Conservative Party leadership election earlier today, leaving Theresa May as the only remaining candidate. The Conservative Party board will now be consulted before Mrs May is formally confirmed as the new party leader. Further information is available on the BBC News webpages.

Scotland has made BPS 2015 payments to more than 17,700 claimants

01 July 2016

The Scottish Rural Economy Secretary has today confirmed that over 17,700 claimants have received their BPS 2015 payment. Further information is available on the Scottish Government website.

BVD Free Campaign launches in England

01 July 2016

A voluntary scheme has been launched today in England to help with the eradication of bovine viral disease (BVD). Farmers are being encouraged to sign up to the scheme. Further information can be found on the BVD Free website.

Boris Johnson is not pursuing Conservative leadership role

30 June 2016

Boris Johnson has given a speech earlier today in which he ruled himself out of the Conservative Party leadership role. Nominations for candidates closed at noon today and the five candidates are:-

  • Theresa May
  • Stephen Crabb
  • Liam Fox
  • Michael Gove
  • Andrea Leadsom

The first vote from MPs is due to take place next Tuesday (5th July 2016) with the candidate with the fewest votes being eliminated. A further vote should then take place next Thursday (7th July 2016) and if more than two candidates remain at that stage, the voting will continue until only two candidates remain. Those two candidates are then put forward for a vote by the wider membership of the Conservative Party and a new leader should then be elected. The Conservative Party board has recommended that the new leader be declared on 9th September 2016. For further information, please see the BBC News webpages.

Permanent Secretary appointed as head for new EU Unit

30 June 2016

Oliver Robbins has been appointed as Permanent Secretary of the new EU Unit in the Cabinet Office. Further information is available on the GOV.UK website.

New shadow Defra Minister announced

27 June 2016

Labour has announced that the former Shadow Defra Minister, Kerry McCarthy, has resigned. She has been replaced by Rachael Maskell, MP for York Central, whose background is in health and the NHS.

CAAV AGM 2016 elects new Presidential Team

27 June 2016

The 2016 CAAV AGM, held at the Alton Towers Resort Hotel in Staffordshire, saw the election of a new Presidential Team for 2016/17. The new President is Nick Millard from Somerset, who works with Michelmore Hughes and lectures at Reading University. The Senior Vice-President, James Dick, is based in Aberdeen, where his runs his own consultancy business. Geoff Coster, of the Valuation Office Agency in Shropshire, was elected as Junior Vice-President.

Wales confirms success of BPS 'online-only' applications

09 June 2016

The Welsh Government has confirmed that the first year of BPS 'online-only' applications has been a success with 16,252 applications received by 16th May 2016 deadline. Further information is available on the Welsh Government website.

Carwyn Jones appointed as First Minister in Wales

18 May 2016

Carwyn Jones has been appointed as First Minister in Wales. Further details of the election results can be found on the National Assembly for Wales website.

National Trust seeks farming tenant for Great Orme for £1 annual rent

18 May 2016

The National Trust is looking for a farming tenant to take on a 10 year Farm Business Tenancy at Parc Farm, Great Orme in North Wales. The rent will be £1 per annum as the farm has to be managed with a specific focus on conservation. Further information about applying for the tenancy is available on the National Trust website. A shortlist will be drawn up during mid-June with interviews being held on 5th July 2016.

Scottish Rural Affairs Secretary resigns in Cabinet reshuffle

18 May 2016

The Scottish Rural Affairs Secretary, Richard Lochhead, has resigned from the Cabinet and First Minister Nicola Sturgeon has appointed Fergus Ewing as Cabinet Secretary for the Rural Economy and Connectivity and Roseanna Cunningham as Cabinet Secretary for the Environment, Climate Change and Land Reform. . A full list of the new Scottish Cabinet can be found on the Scottish Government website.

CAAV meets EU Commissioner Phil Hogan

13 May 2016

CAAV Secretary and Adviser Jeremy Moody met the EU Commissioner for Agriculture and Rural Development, Phil Hogan, in Brussels yesterday and presented him with a copy of the CAAV text 'Tenancies, Conacre and Licences: Arrangements for Occupying Agricultural Land in Northern Ireland'. Jeremy had travelled to Brussels from Belfast where he had been meeting representatives of the accountancy profession to discuss the taxation implications for landowners of longer term tenancies for farms and land.

Jeremy Moody was in Brussels with James Dick, CAAV Junior Vice President and Andrew Coney, Chairman of the CAAV Valuation, Compensation and Taxation Committee for the Spring Assembly of The European Group of Valuers' Associations (TEGoVA).

RPA confirms 82% of BPS 2015 claimants paid

07 March 2016

The RPA has confirmed that, as at 29th February 2016, more than 71,700 BPS 2015 claimants (over 82% of the total 87,095 claimants). The total amount paid by then was £1.13 billion out of the total estimated fund of £1.43 billion. Payments have started to be made to those with common land as well as some inspection cases. The RPA has again stated that: "Almost all" farmers due a payment should be paid by the end of March 2016, but that "a few thousand of the more complex cases" will take "slightly longer, as they did under SPS". Further information is available on the GOV.UK website.

RPA launches Rural Payments service for BPS 2016 applications

07 March 2016

The Rural Payments service has been made available for farmers and agents to start online BPS 2016 applications. It is now possible to view and transfer land and entitlements, as well as check personal and business details and give permission for someone else to submit the BPS 2016 claim. It will not be possible to submit completed claims until around mid-March. Further details are available on the GOV.UK website.

RPA should have made BPS 2015 payments to "almost all" farmers by the end of March

23 February 2016

The RPA has issued a further news release this afternoon confirming that "almost all" BPS 2015 claimants should have received a payment by the end of March 2016. As of today, 70,880 claimants had been paid £1.11 billion. The news release can be viewed on the GOV.UK website.

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