New Forest Ribbon
New Forest

09/04/2020

Interest Rates Reduced

Small businesses that rely on credit, such as bank loans or overdrafts, have been boosted by the Bank of England’s decision to reduce interest rates.

In an emergency move to help firms deal with the coronavirus pandemic, rates were cut to 0.1% – the lowest ever in the Bank’s 325-year history.

For further information on reduced interest rates, please contact Michaela Johns on 023 8046 1256.

Latest Tweets

Discretionary funding is available from local councils for businesses who meet a set list of criteria. There are a number of exclusions, and businesses can find out more via their local council websites http://ow.ly/D3co50BRbld

From the 1 January there will be new rates for customs duties and businesses will need to decide how they account for import VAT when making a customs declaration http://ow.ly/oZjR50BRb7E

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your business.