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What does SPS stand for?

SPS stands for Single Payment Scheme (UK)

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Military and Government

See other definitions of SPS

Other Resources:
We have 722 other meanings of SPS in our Acronym Attic

Samples in periodicals archive:

On the other hand, having discovered that a neighbouring farmer has received his Single Payment Scheme grant, Denzil has a smile on his face.
Thousands of farmers were left waiting for months to receive money owed under the EU's Single Payment Scheme, after a complex payment system descended into chaos last year.
A scathing report from the Commons Public Accounts Committee accused the Government and its Rural Payments Agency of "failing to adhere to the basic principles of project implementation" in their haste to have the 2005 single payment scheme ready on time.
ADAS' land development sector manager, David Hartley, said: "Under the changes to CAP reform, subsidies and grants made to farmers are being scrapped and in their place is a Single Payment Scheme (SPS).