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Farmers owed huge sums by collapsed Scots grain trader


Farmers owed huge sums by collapsed Scots grain trader
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© Tim Scrivener
The farming and grain trade fallout from the appointment of administrators at East Lothian grain merchant Alexander Inglis & Son is huge.
Growers across many regions, including Aberdeenshire, Angus, East Lothian, the Borders and northern England, are affected. Although no firm numbers are available, advisers expect it to run to hundreds of growers.
The long-established independent merchant is run by former Scotland national rugby captain James Aitken.
Farmers will be unsecured creditors and only in line for any payout after government agencies and secured creditors such as Macquarie Bank, the company’s principal lender. ....

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