The Bank of England today at noon confirmed, that again the Interest rate has now been raised for the eighth time in a row from 2.25% to 3% … A RECORD HIGH SINCE THE FINANCIAL CRISES IN AUTUMN 2008!
If you’re a business owner then don’t have your head in your hands following this news from the Bank of England this afternoon. Instead, choose to act now before the predicted interest rates look to increase further as we move towards the new year with the Bank of England Governor - Andrew Bailey expressing today in his press conference that “it is a tough road ahead” as the bank’s forecasts that Britain has now entered a long recession.
If you’re a UK business looking for business loans or are needing to purchase equipment or any other assets, we can not stress enough that NOW is the time to act!
If you choose to put off your finance needs, your business will be vulnerable to further rate increases and the cost of finance being more expensive than it is today.
If you would like to contact a member of our team to discuss your finance, then please do not hesitate to get in contact at 01908 429888, email Info@approved-finance.co.uk or click on the link to download our finance guide PDF for more information: https://lnkd.in/ePHAgzn9