Red Diesel

Keep an eye on the latest trends in the fuel markets as the crisis in the Middle East continues

Prime Minister Sir Keir Starmer has been challenged by various MPs on how the Government will bolster UK food security and support farmers amidst spiralling costs to fuel and fertiliser from war in the Middle East

Key farm inputs such as fertiliser and red diesel have skyrocketed since Israel and the US struck missiles at Iran which, in turn, has led to increased pressure being placed on UK farmers

Can Government step up its support for farmers and food producers as businesses face pressure from conflict in the Middle East?

Defra Secretary Emma Reynolds has called for calm as conflict in the Middle East begins to take a stranglehold on farm businesses in the UK. She said food supply is stable and added the Gov is working to ensure there is no 'market abuse' of fertiliser prices

Former Liberal Democrats Leader Tim Farron said it is 'recklessly foolish' that during a time of geopolitical uncertainty, farmers in England are not being encouraged to produce more food

Farmers have only been told that input prices for oil and gas has gone up when taking in deliveries on-farm, making it harder for them to challenge or decline an order

Farmers said there could be a reduction in UK food production this year following 'unsustainable' increases to key inputs

The Union has asked the Chancellor for measures to increase investment and productivity in the farming sector

NFU Scotland has submitted its recommendations for the budget which is scheduled for release November 26