Bank of England accused of 'locking in' on farm inflation with rate rise

Bank of England has announced an increase in the base rate to 5 per cent

Alex Black
clock • 2 min read
Bank of England accused of 'locking in' on farm inflation with rate rise

The Bank of England (BoE) has been warned it is ‘baking in' inflation for agri-food businesses as it raised the base rate to the highest level since 2008. The Agricultural Industries Confederation (AIC)...

To continue reading...

Already a member? Login for full access.

Login

New to Farmers Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358

 

More on Prices & Trends

Latest farmland market trends

Latest farmland market trends

Average farmland values in England hold firm

clock 19 January 2026 • 4 min read
Political instability and volatility hit machinery markets

Political instability and volatility hit machinery markets

CNH, owners of the Case IH and New Holland brands, reported a 23% reduction in net sales of agricultural machinery for 2024

clock 07 February 2025 • 3 min read
Natural gas rises could impact fertiliser

Natural gas rises could impact fertiliser

Prices of fertiliser have historically followed natural gas prices, with AHDB warning prices may start to rise if the increase in gas prices continues

Alex Black
clock 14 September 2024 • 2 min read