Farmland being snapped up as a result of entitlements loophole

Scottish investors buying to claim farm subsidies

SINGLE Farm Payments have become a good investment in Scotland.

At a recent public auction of farm subsidy entitlements, entitlements worth £306 (about €450) a year could be bought for £562.82 (about €844). It has become evident that investors — who may never have set foot on a farm — are buying up entitlements to claim the Payment.