LandGazette.co.uk

LandGazette.co.uk

Search

News in brief

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

 

Who's online

We have 88 guests online

Supported by

Banner

...and...

Banner

...and...

Banner
Home Rural agency £70m land sale agreed
£70m land sale agreed PDF Print E-mail
Written by Charlie Jacoby   
Monday, 02 November 2009 11:55

Sellafield site that sold

The Nuclear Decommissioning Authority (NDA) has sold an area of land comprising 190 ha (470 acres) lying to the north of the existing site at Sellafield in Cumbria for a value of at least £70m. The winning consortium comprises Iberdrola S.A, GdF Suez S.A and Scottish and Southern Energy plc.

The sale will result in an upfront payment of £19.5m for the NDA, followed by a further payment of at least £50.5m in the next six years. The sale represents further continuation of the NDA's programme of asset disposals, all raising funds which the NDA can put towards its core mission of decommissioning the UK's fleet of existing nuclear power stations.

The consortium will now progress with detailed site investigations to determine the exact location for its proposed nuclear development and then apply for the necessary planning and licensing permissions. Land surplus to requirements will be returned to the NDA.

John Clarke, NDA Commercial Director says: "The sale of this land is a significant milestone in our asset disposal programme and follows on from the successful sale of land at three of our sites earlier this year. The £450m generated from these sales will be utilised to support the NDA's clean-up mission and is good news for the UK taxpayer."


Last Updated on Monday, 02 November 2009 12:05
 
Please register or login to add your comments to this article.
Joomla 1.5 Templates by Joomlashack