Poots urges COVID-19 compliance in marts
Agriculture Minister Edwin Poots has joined the UFU in urging farmers to adhere to safety measures in livestock marts.
Praising the work done by mart operators in developing protocols to ensure marts are safe for everyone, and conduct business that adheres to guidelines set by the NI Executive, he pointed out that we are entering a critical period for livestock sales.
“I urge farmers to continue to adhere to the safety measures in place to protect themselves and others. We must continue to work together to help reduce the spread of COVID-19,” he said.
NI gets over £800m in bounce back loans
The UK government Bounce Back Loan Scheme has supported 25,491 local businesses and injected £809m of finance into the NI economy, figures from the British Business Bank show.
The scheme, which offers loans of up to £50,000, with no fees or interest in the first year, and a 2.5% rate over the next five years, has proved popular with farmers, and helped stimulate sales in some agricultural supply companies. Across the UK the agriculture, forestry and fishing accounts for 3% of all loans taken out under the scheme, with total finance of over £900m.
The other main government initiative to help support businesses through the coronavirus lockdown has been the Coronavirus Business Interruption Loan Scheme (CBILS). However, it came with more conditions, including being able to show proof that the loan can be repaid.
As a result, it has not been as popular, with businesses involved in agriculture, forestry and fishing taking out £61m under the scheme. In NI, across all sectors, it has been accessed by 836 businesses, with total loans of £238m.
Read more
Clogher Mart tells buyers to mask up
High farmer uptake of bounce back loans
Poots urges COVID-19 compliance in marts
Agriculture Minister Edwin Poots has joined the UFU in urging farmers to adhere to safety measures in livestock marts.
Praising the work done by mart operators in developing protocols to ensure marts are safe for everyone, and conduct business that adheres to guidelines set by the NI Executive, he pointed out that we are entering a critical period for livestock sales.
“I urge farmers to continue to adhere to the safety measures in place to protect themselves and others. We must continue to work together to help reduce the spread of COVID-19,” he said.
NI gets over £800m in bounce back loans
The UK government Bounce Back Loan Scheme has supported 25,491 local businesses and injected £809m of finance into the NI economy, figures from the British Business Bank show.
The scheme, which offers loans of up to £50,000, with no fees or interest in the first year, and a 2.5% rate over the next five years, has proved popular with farmers, and helped stimulate sales in some agricultural supply companies. Across the UK the agriculture, forestry and fishing accounts for 3% of all loans taken out under the scheme, with total finance of over £900m.
The other main government initiative to help support businesses through the coronavirus lockdown has been the Coronavirus Business Interruption Loan Scheme (CBILS). However, it came with more conditions, including being able to show proof that the loan can be repaid.
As a result, it has not been as popular, with businesses involved in agriculture, forestry and fishing taking out £61m under the scheme. In NI, across all sectors, it has been accessed by 836 businesses, with total loans of £238m.
Read more
Clogher Mart tells buyers to mask up
High farmer uptake of bounce back loans
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