UK agri-tech bags Kiwi investment boost Investing The UK government has welcomed a strategic investment push from New Zealand into Britain’s agri-tech sector. AgriZero NZ, a public-private fund backed by the Kiwi government and major agri-businesses, joins Innovate UK’s investor partnership programme. The scheme helps scale cutting-edge British agri-tech startups linking them with global investors. Science minister Patrick Vallance told CityAM: “New [...]
Inheritance tax on farms: Lidl, Tesco and Aldi join demands for consultation Food Supermarkets Lidl, Tesco and Aldi have added their names to calls for a consultation over the government’s reforms to inheritance tax, citing concerns the changes would dent farmer confidence and choke off investment. In an unusual string of interventions, the retailers rode to the defence of farmers’ calls to pause the changes to Agricultural Property [...]
Inheritance changes for farmers ‘risks missing the target’ on tax avoidance Economics "The Budget proposal doesn’t go far enough to stop avoidance, but goes too far in how it applies to actual farms," Dan Niedle, founder of the think tank said
Sigmaroc’s revenue surges ahead of expectations as expansion plan pays off September 9, 2024 London-listed raw materials group Sigmaroc has seen its revenue surge past expectations following a push to diversify its strategy, it said today. The company, which is headquartered in London, grew its revenue by 60 per cent in six months ending June 30, 2024, hitting £468.8m from £290m in the same period last year. Sigmaroc said this [...]
John Deere’s UK profit triples as sales soar by almost £100m July 9, 2024 The UK arm of John Deere tractors has almost tripled its profit as demand soared for its iconic green farm machinery, according to newly-filed documents.