Farming
Euro exchange rate set for 2015 Basic Payment Scheme
The rate for the 2015 Basic Payment Scheme (BPS) has now been set. BPS payments for England are set in euros and then converted into sterling and the rate, an average of the European Central Bank exchange rates, will be €1 = £0.73129. The Rural Payments Agency says it will make full payments on BPS claims from December, as early as possible in the payment window.
