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F&P reports ‘significant interest’ at AD and Biogas Exhibition
Green energy businesses are crying out for investment, and looking at the alternative finance sector to provide it, according to F&P Sponsors,… More
The winners of the Consumer Credit Awards 2017
The winners of the UK’s largest consumer-voted awards for the consumer credit industry have been revealed at a ceremony in Mayfair. Over 27,000… More
New plans to target debt advice at those most in need
New proposals to ensure that debt advice commissioned by the Money Advice Service targets those most in need across the UK have been published for… More
Commenting on China’s Q2 economic growth beating expectations
Commenting on China’s Q2 beating expectations, Shilen Shah, Bond Strategist at Investec Wealth & Investment, said: “The better than… More

Commercial Credit News

F&P reports ‘significant interest’ at AD and Biogas Exhibition
Green energy businesses are crying out for investment, and looking at the alternative finance sector to provide it, according to F&P Sponsors,… More

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NAO findings cast doubt on UK’s ability to cope with customs declarations post-Brexit
Responding to today’s (Thursday) National Audit Office (NAO) report, which reveals there is a risk HMRC’s new Customs Declaration Service… More
Bibby Financial Services comments on UKEF partnership announcement
Craig Durnell, Managing Director for Export Finance, Bibby Financial Services comments on today’s announcement of the partnership between UK… More
FSB: Great jobs figures reveal other challenges
New figures published today show that Scottish unemployment fell to 3.8% in the three months to May 2017.… More
UK small businesses and entrepreneurs on the rise, says LinkedIn
The number of Britain’s entrepreneurs, sole traders and SMEs is on the rise, according to the latest research released today by LinkedIn, the… More

FSB reacts to decision on UK interest rates

Friday, 09 October 2015

Commenting on the Bank of England’s decision to leave interest rates on hold at 0.5%, John Allan, National Chairman for the Federation of Small Businesses (FSB), said:

“There has been plenty of speculation in the last few months about the timing of the first interest rate rise in the UK since July 2007. Against a backdrop of recent FSB research shows that business confidence is cooling, we remain of the view rates should not be raised. Small businesses will therefore welcome that the Bank has opted to leave interest rates at the current 0.5%.

“Looking ahead, small firms will be facing an array of changes including pensions auto-enrolment, the National Living Wage and changes to the tax on dividends. In addition, there remains ongoing concerns over global economic stability. Today’s decision will therefore give small businesses some much-needed stability in this constantly shifting landscape.”

(Source - FSB Comment)

3 October - Guoman Tower Hotel, Central London

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