UK Interest Rate Rise On Hold Good For SME''s
(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwired) -- 11/09/15 -- The latest news from the Bank of England showing a rate rise in the UK to be unlikely until early 2017 is welcome news for UK SME businesses according to Max Wallace Managing Director of MySheriff.co.uk.
A survey of SME business owners, conducted by the website, suggests Start-ups and Entrepreneurs are happy to hear that rates wont rise for at least another year, Max Wallace explains: "If access to lending is cheap and affordable this can only be good for SME''s as any reduction in overheads is welcome news."
He added: "SME start-ups have been under a lot of pressure recently from price deflation, competition and a generally tough economic outlook with woes in the Eurozone and China particularly so this news allows more confidence in the sector".
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Max Wallace
07900901900
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Datum: 09.11.2015 - 02:00 Uhr
Sprache: Deutsch
News-ID 1397760
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