The Bank of England is expected to soon raise interest rates. However, according to the Federation of Small Businesses, with borrowing costs for small companies already high, it’s critical that future rate rises are carefully considered and gradual.
It’s been a long time coming but finally reality is catching up with the “experts” who have been insisting that pension fund managers find the money to stuff their portfolios with more and more bonds to address so-called actuarial deficits.
A survey of British business leaders has revealed that over a third would like to see a Brexit reversal over any other growth stimulation technique.
Our January 2018 economic statistics piece places much emphasis on the UK’s growth rate compared to that of other G7 countries – and takes a look at why the Bank of England’s interest rate hike may not have been a “one and done” affair.
Andrew Sentance’s prediction came true. The PwC economic adviser maintained last month that interest rates were to rise – a matter recently confirmed by Bank of England governor Mark Carney. We take a closer look in our October 2017 economic statistics piece.
The Bank of England has today announced a bank interest rates rise, which will be the first in a decade, and the UK’s entrepreneurs have been vocal with their thoughts.
When the Bank of England and governor Mark Carney cut interest rates to an all-time low of 0.25 per cent it was an admission that a storm is here – and it might be here to stay.
Mark Carney needs no introduction – it seems wherever there is a podium, camera, or journalist there he is. So it comes as no surprise that the lure of the referendum and its result has proven irresistible to his natural tendency to speak out.
According to Adair Turner, who used to be the chairman of the Financial Services Authority (FSA), the UK faces almost indefinite low interest rates if radical action isn't taken.
While your company's revenues might be soaring, and employee satisfaction at an all time high, Legal & General's Richard Kateley explains why it is still crucial to put in place protections should the tides turn and fortunes change in an instant.
Interest rates have been low for so long that many managers are out of practice operating with high-interest debt. Now, however, with so much in the global economy suddenly volatile, they may soon face the unfamiliar challenge of funding growth in an environment of rising interest rates.
Understanding the total cost of credit is critical to making sure you get the best deal on business finance.