The Agricultural Industries Confederation has warned the Bank of England that further interest rate rises risk "locking in" inflation to the economy, contradicting with its objective to control inflation at 2% - it is currently 8.7%. AIC chief executive Robert Sheasby...
Bank of England
Comment: Government should put country before Party
National media attention is focused on the Conservative Party leadership election, despite the fact that only 150,000 party members have a vote in the contest. Meanwhile, as the Bank of England warns of recession, the rudderless...
Oxbury secures its banking licenses
Oxbury, the new specialist agricultural bank for the UK announced last month, has secured its licence to operate. The business will now start a pilot phase before its full launch later this year. The new bank now has approval from the Bank of England’s Prudential...
Agribusiness bank to support British farming
A new specialist agricultural banking business, Oxbury, is set to launch in the spring to provide financial services specifically designed for British farmers and offered through their trade suppliers. The company is backed by key agribusiness firms. The Oxbury...
