Farmers could face cash flow problems over payments

first_imgNewsFarmers could face cash flow problems over paymentsBy Staff Reporter – November 23, 2016 505 Advertisement WhatsApp TAGSDeputy Niall CollinslimerickRural Development Programme Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” RELATED ARTICLESMORE FROM AUTHOR Facebook Limerick’s National Camogie League double header to be streamed live Print WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads center_img Previous articleUS election results impact exportNext articleWin cinema tickets Staff Reporterhttp://www.limerickpost.ie Linkedin Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Farmers in Limerick and around the country could face cash flow problems – Collins NEW figures released this week reveal that only 52 per cent of this year’s Rural Development Programme budget allocation has been paid out.Limerick Fianna Fáil TD, Niall Collins says farmers will face increased cash flow problems as a result of serious delays in Rural Development Programme payments.Sign up for the weekly Limerick Post newsletter Sign Up Deputy Niall Collins stated – “It’s quite unbelievable that only half of this year’s funding for agri-schemes has been paid to farmers. This will result in serious financial hardship for farmers across the country.“It’s particularly worrying that less than 4 per cent of GLAS payments have been made. The government failed to allocate the level of funding that it originally promised for this scheme, and now it’s failing to pay out. This is a completely unacceptable situation.“Payments under TAMS and the Beef Genomics Scheme are also seriously behind schedule. These underspends are significant by any metric and will have serious consequences for small family farmers.“Many farmers have had to take out loans to keep their businesses going while they wait for their payments to come through, and these delays will exacerbate an already difficult situation. Farmers should not have to rely on banks and other financial institutions to cover the cost of works, which these agri-schemes cover. This is creating a major cash flow crisis, which is completely preventable.“This has been a very difficult year for farmers, and these underspends and delayed payments are making a bad situation worse. I am urging Minister Creed to ensure that these payments are forthcoming this month and that farmers are not left in the lurch”. Email Twitter Limerick Ladies National Football League opener to be streamed live Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clashlast_img read more

London property market like a ‘Tesco with half empty shelves’

first_imgA leading London conveyancer has claimed that Stamp Duty and the ongoing Brexit mess have jointly deadened many parts of the capital’s housing market and in particular the investment sector.Simon Nosworthy, Head of Property at Osbornes LLP, one of London’s largest law firms, says searching for property at the moment is like ‘going into a Tesco store and finding half the shelves empty’. “It can be off putting for people,” he says.His comments follow last week’s Nationwide house price index which showed that London has been the weakest performing region of the UK during the first three months of the year, and that prices are now nearly 4% lower than a year ago. Nosworthy (left) says there has been a significant reduction in the number of transactions in the solid upper end of the market his firm deals with and in particular four- and five-bedroom houses.The company says that prices are beginning to drop as the Brexit chaos continues and that the only thing preventing them falling further and faster is the lack of stock in the market.“The days of the property boom are gone for the moment – so the market is broadly just catering for those that have to move due to life changes such as divorce, death and relocation.“There are not the number of property investors in the market that there once were. These are generalisations and there are exceptions to this on a local level, but one generalisation which is true is the Help to Buy is market is booming.”  Osbornes Simon Nosworthy April 2, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Housing Market » London property market like a ‘Tesco with half empty shelves’ previous nextHousing MarketLondon property market like a ‘Tesco with half empty shelves’Leading conveyancer says his firm has seen a significant reduction in volume within the capital’s housing market recently as Brexit and Stamp Duty bite.Nigel Lewis2nd April 201902,459 Viewslast_img read more

North Allegheny uses superior lineage to shove USC aside in Quad A

first_imgTwo of the WPIAL heavyweights battled and it took overtime to produce a 28-21 North Allegheny victory.One of the Tigers’ offensive catalysts this season has been junior quarterback Mack Leftwich. He was the backup quarterback on Tulsa Union High’s Class 6A state champion in Oklahoma last season before moving to Wexford when his father, Spencer, took an assistant coaching role at Pitt.Leftwich brought a passing dimension North Allegheny didn’t fully enjoy when it won its WPIAL and PIAA crowns last season. But this night, he also added a running dimension, racking up 117 yards and two touchdowns on 20 carries.He scored the Tiger’s first touchdown at the 10:55 mark of the second quarter on a 66-yard run and then what proved to be the winning score in overtime on a 1-yard keeper. He also threw for 148 yards.Paving the way for North Allegheny is Pat Kugler, a 6-foot-4, 265-pound two way lineman and the son of Pittsburgh Steelers offensive line coach Sean Kugler.  His brother, Rob, is a freshman tight end at Purdue.A timeworn cliché of football is that the most popular player on the team is the backup quarterback. This does not hold true at Upper St. Clair. Pitt recruit, quarterback, Dakota Conwell was injured and unable to play and that was the difference between taking home Gold or Silver.Tiger’s coach Art Walker is a four-time WPIAL champion as a head coach, winning titles in consecutive years at Pittsburgh Central Catholic in 2003 and 2004. Walker also won a WPIAL crown as the offensive coordinator at West Allegheny High School in 1997.North Allegheny is reaping the benefits of the sons of the Steelers and University of Pittsburgh coaches. The Tigers could be a dynasty if the staff from the Penguins and the Pirates can take up residence also.last_img read more