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.