European Central Bank

BPS 2018 exchange rate falls 0.21%

5th October 2018 | Company News, EU Policy & Regulation, Farm Business, UK Policy & Regulation

The exchange rate for 2018 Basic Payment Scheme payments is marginally less than last year’ rate, but is still the second highest for a decade. The Rural Payments Agency reports that the €: £ exchange rate for BPS 2018, the average of the European Central Bank...

BPS 2017 payments up 5%

6th October 2017 | EU Policy & Regulation, UK Policy & Regulation

UK Basic Payment Scheme (BPS) claims for 2017 made in sterling will be worth 4.98% more than in 2016, when the value rose by 16.54% after the post-Referendum collapse in the £:€ exchange rate.The Rural Payments Agency (RPA) has confirmed the exchange rate for...