Rural Payments Agency pays out £1.73bn for rural communities
The Rural Payments Agency has paid out just over 97,500 claims, totalling £1.725bn for farmers in the first few days of the payment window.
The payments cover the Basic Payment Scheme (BPS), Countryside Stewardship (CS) revenue and Environmental Stewardship (ES) schemes. Eligible customers should expect to receive their full payment within the payment window which ends in June 2022.
As announced in the Agricultural Transition Plan, Direct Payments will gradually be reduced over a seven year period, starting from this Basic Payment Scheme year. The biggest reductions will initially be made to the higher payment bands.
The money will be repurposed for schemes which incentivise sustainable farming alongside profitable food production - rewarding farmers for actions that improve air and water quality, and protect wildlife and soil health.
In order to ensure that farmers are adequately supported throughout this journey, the farming resilience programme will be available throughout the first three years of the agricultural transition period to help those most affected by the phasing out of Direct Payments.
This will help farmers plan and manage their businesses through the transition to the new system.
RPA Chief Executive, Paul Caldwell, said: “We understand that it has been a challenging year for rural communities, which is why we’re working hard to get payments made as quickly and efficiently as possible.
“We have already paid more than 97,500 claims, totalling £1.7bn, but we know there is more to do and we understand the importance of these payments to the rural economy.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people