Great Yorkshire Show is taking place on 9th – 11th July in Harrogate… and we can’t wait!
As always, we invite you to join us on our stand throughout the event to enjoy refreshments and meet the team. This year, we’ll be celebrating our 40th anniversary so make sure you don’t miss any of the action.
Schedule of Events
Tuesday 9th July
17.00 – Annual Drinks and Canapé Reception (George F. White, Stand 202)
Wednesday 10th July
14.00 – Join the Debate: Farming Without Subsidies, An Opportunity not a Threat (George F. White, Stand 202)
The impact of the impending Agricultural Bill is a key theme at this year’s Great Yorkshire Show. We are now certain of the future for subsidies, and regardless of whether they are phased out in the next five, ten or twenty years, the agricultural landscape is changing and we need to adapt as an industry. Currently, 62.3% of Farm Business Profit in Yorkshire and Humber is made up of subsidy (2017/18 Farm Business Survey); we encourage landowners and Farmers to join our debate to understand, discuss and deliberate the current and future opportunities for safeguarding their future in relation to profit without subsidy, land values and rent.
We’ll be covering:
• How change will affect future profit, rent and land values;
• How to react to these changes and embrace opportunities;
• Preparing a business to make those opportunities available in the first instance;
Our panel will explain why their expert viewpoints differ due to the nature of their work within the farming sector, allowing you to make an informed decision as to how to take your business forward.
Talking ahead of the Great Yorkshire Show, Simon Britton, Partner at George F. White, said: “This time last year, we were in a position where we didn’t know what would happen to our farm subsidies; now the Agricultural Bill has been released, we know that subsidies are going to diminish in the next seven to nine years. Rather than dwell on this, we need to work together, discuss and share knowledge in order to review our businesses and ensure they can survive financial when they time comes. Interestingly, The Agriculture and Horticulture Development Board (AHDB) named ‘knowledge sharing’ as one of the characteristics of the top performing 25% of farms in the UK. The changes that are coming will significantly impact farm businesses, however, the purpose of our debate, and the main aim of our farm consultancy team moving forwards, is not to scare people but to prepare our client’s businesses for the impact of the changes that will face us, as an industry, over the next few years.”
The debate will take place on our stand (202) at 2pm on Wednesday 10th July. Attendees are encouraged to get involved in the debate, asking questions and providing opinions on the opportunities that will be available to us in the next few years and the steps one must take in order to have those opportunities available to them, inevitably safeguarding their future.
Simon added: “Opportunities are available now and will continue to be available in the future to those that have truly analysed and understand their business; ultimately, we’ll be discussing what your businesses profitability will look like without subsidy and the affect that will have on rent and land value should you waste this period of adjustment to ready your business.”