Rural Outlook - 2022

As the reports show, we are now in an agricultural transition period. Changes for farmers will be phased in over seven years and over this time, the Basic Payment Scheme (BPS) will be gradually reduced in a tiered system.

It has been hard to miss the seemingly constant, upward trajectory of a lot of agricultural commodities within the last 12 months. Let’s look at some of the contributory factors causing this rise.

Both carbon sequestration and biodiversity enhancement are becoming increasingly necessary to reduce emissions and offset environmental impacts generated by development in the UK.

In 2019, the UK and Scottish Governments made their commitments to net zero, with target dates of 2050 and 2045 respectively. Relatively, both countries are progressing well, with emissions falling faster than in other major developed economies. However, with 326m tonnes of ‘carbon dioxide equivalent (CO2e)’ emitted in 2020, there is still a long road ahead.

The warehouse and logistics market has bolstered as a result of the pandemic, with close to 50m sq ft of deals completed in the UK throughout 2021.

Your site has development potential, but where to start? Two of Bidwells’ development experts answer the typical questions to consider from a landowner’s perspective.