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Financial Loan Payments to Support Scotland’s Farmers

Fergus EwingFinancial  loans to support Scottish farmers will be arriving in bank accounts from 4th of October.

The loans are deemed necessary to offset the uncertainty brought about by Brexit with the UK still set to leave only 3 weeks away,   on 31st of October.

Fergus Ewing, Rural Economy Secretary  in the Scottish Government said:

“Our rural economy is on the front line of the potential impacts of Brexit, which is why we are directly investing more than £327 million into the rural economy at the increased rate of 95%, providing eligible farmers and crofters with a degree of financial certainty during these tumultuous times.

“It is also very important for farmers to understand that there is no risk these monies will need to be returned in the event of a ‘no deal’.

“This is their money and they are entitled to it.

“I would encourage any eligible farmer, crofter or land manager who has yet to return their loan offer as soon as possible to enable us to get your payment out to you as quickly as possible.”

Cows

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