BPS 2019: Payment Exchange Rate Confirmed

BPS 2019: Payment Exchange Rate Confirmed

The BPS 2019 payment exchange rate has been confirmed as €1 = £0.89092, which is the average of the European Central Bank exchange rates during September. This is a marginal drop compared to 2018 BPS payments where the rate was €1 = £0.89281. The RPA is due to start...
BPS 2019: Payment Exchange Rate Confirmed

2019 BPS payment rate

If it is possible to draw positives from the ongoing political uncertainty, then the impact on the Euro exchange rate for BPS payments is definitely one of them. Following the referendum result in 2016, payments increased by 16.5% because of a change in the exchange...
RPA overpaid 1,000 farmers

RPA overpaid 1,000 farmers

The Rural Payments Agency (RPA) have confirmed that they have overpaid around 1,000 farmers. In total £5 million has been paid out due to a system error making unintended agri-environment agreement payments. The Agency is now in the process of contacting affected...