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FC Wales smooths passage to important woodland

With its fascinating historical features, enchanting scenery and strong links to the end of the last major ice age, i Parkwood on the Gower is a popular tourist location. Forestry Commission Wales has stepped in to ensure a smoother passage into this environmental jewel after the Welsh Government woodland became the victim of its own alluring beauty. The road allowing access to the site of special scientific interest (SSSI) was showing signs of serious wear and tear, with badly pot-holed areas testifying to Parkwood’s popularity.

 
Saffery Champness comment on CAP Reform announcement

Commenting on the announcement on CAP Reform by EU Farm Minister, Dacian Ciolos, Andrew Arnott, a partner of  Saffery Champness Landed Estates & Rural Business Group says: “There was not much in the announcement that had not already been leaked. However, it confirms the intention to distribute subsidies more evenly by way of a cap on payments to farmers at 300,000 euros (£261,240) per year.  A progressive levy, to be applied on all payments exceeding 150,000 euros (£130,620), was also announced as a proposal. Assuming that the proposals will be approved by both the EU parliament and all member states, this will be bad news for many large arable farmers and some medium scale farming businesses, including those in the uplands.It remains to be seen whether the ‘sustainable and inclusive growth’ for European agriculture can really be achieved through these proposals.  I think they could, as they stand, have the opposite effect, acting as a disincentive to invest for farm businesses that are highly-mechanised with lower staffing levels”.

 
Leaked proposals for the reform of CAP entitlements

News has recently been leaked from the European Commission that farmers who claim more than €150,000 from the direct support element of the CAP (Pillar1), will see their entitlement payments progressively capped.  Commenting on the leaked proposals Mike Harrison, a partner of Saffery Champness Landed Estates & Rural Business Group, says: “There is a strongly worded proposal for progressive cuts in the entitlement payments above €150,000 ( £127,000) with a cap of €300,000 (£255,000)”.   Whilst the new regulations will apparently incorporate an allowance which reflects the farm’s wages bill, which is welcome news and should mean that both larger and smaller farms are treated equally, there will be a discrimination for those using external contractors

 

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Home Land & politics Saffery Champness welcomes 'green investment bank'
Saffery Champness welcomes 'green investment bank' PDF Print E-mail
Written by Colin Thomson   
Tuesday, 29 June 2010 14:31

 Green investment bank - proposals welcomed

The news that a green investment bank will be formed, with the powers to raise billions from green ISAs and other financial sources, has been welcomed by the Landed Estates and Rural Business Group at Saffery Champness. The green bank would replace some existing Government quangos including the Energy Saving Trust, the Carbon Trust and the Marine Renewables Deployment Fund, allowing existing public funds to be redirected towards the new bank.

The cost of reducing carbon emissions by 2020 has been estimated at £550 billion according to the commission tasked with examining how the green investment bank would operate. According to the commission, green ISAs alone could raise some £2 billion per annum. Added to this is the saving of some £180 million per annum, spent by the existing quangos, and public funding of about £2 billion per annum all of which would be redirected to the green bank.


Shirley Mathieson, spokesperson for renewable energy, at Saffery Champness said; “ While the formation of the green bank is some way off, this sends a very positive message to developers of renewable energy projects; not only wind farm operators but also hydro power and biomass developers”.


“Large scale projects, in particular, wind farms in remote and off-shore locations, require very large investment and at present this is confined to the major utility companies. The green bank would act as a catalyst to attract private sector institutions and rationalise what is at present a very fragmented investment sector” say Shirley Mathieson.


“Landowners and farmers with suitable sites should be buoyed by the prospect of a green bank which would be a more rational single source of funding”, Shirley Mathieson concludes.

For further information, please contact:

Shirley Mathieson, Saffery Champness (Inverness):
01463 246300 Mob: 07876 452282  This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Last Updated on Tuesday, 29 June 2010 14:38
 
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