Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Five north-east businesses among top 100 in UK for farming payments

Post Thumbnail

Five north-east businesses were near the top of the league table for UK farm payments from European Union subsidies last year.

Aberdeenshire farmer Frank Smart, of Banchory-based Frank A Smart and Sons Ltd, received the highest amount of basic payments in Scotland with close to £1.5million – the third largest in the UK.

Meanwhile, Moray Estates Development Company, from Forres, was given £557,729 in EU payments.

Ross Bros, from Fraserburgh, benefited from £529,856 in funds while Craigallachie-based Strathdee Properties Ltd were awarded £482,906.

And Turriff-based A.J Duncan, set up by former Grampian Foods boss Fred Duncan, secured £339,232.

The figures form part of a wider investigation by environmental charity Greenpeace which revealed that some of the 100 largest payments were given to some of the richest people in the UK.

One in five recipients featured on the Sunday Times Rich List last year.

And more than a third were controlled by people either on that list or members of aristocratic families.

The inventor behind the Dyson hoover empire, Sir James, became the largest private recipient of basic payments in the UK.

His farm business received £1.6m through the basic payment scheme.

Overall the top recipients received a combined £49.9m in basic payments last year, more than was paid out to the bottom 35,000 combined.

Craigellachie-based Strathdee Properties was ranked 34th on the list, with an entitlement of £482,906 to go towards almost 15,000 acres of land around Speyside.

Owner Stephen Strathdee explained that the subsidies are essential to keep the farming side of his business afloat.

Mr Strathdee said: “It sounds like a lot of money, but you have to consider the expense of taking care of 15,000 acres of land.

“It helps to pay employees, manage the land and carry out surveys, so for the amount we are laying out we aren’t seeing a big return.

“I also have income from quarrying, forestry and joinery but the farming work would not pay for itself without these subsidies, as the industry is in such a bad way.

“I am lucky to have those other revenue streams, for the farmers that rely purely on that work these are desperate times.”

AJ Duncan declined to comment when approached by the Press and Journal.

Mr Smart, Moray Estates and Ross Bros could not be reached for comment.

Already a subscriber? Sign in

[[title]]

[[text]]