The Cost of Borrowing is too high

Smallbusiness.co.uk is reporting that many small business owners are fed up with having to pay the banks high rates on their business borrowing. Businesses believe that bank-lending terms are exorbitant, according to research from finance provider Syscap. Some 90 per cent believe that loan arrangement fees are excessive, while 75 per cent feel that the …

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217,000 hidden credit cards masking debt struggles

Wow, just in time for Christmas the Halifax try sew a little doubt into people’s minds when they are opening their Christmas presents.  Thanks! New research from Halifax has revealed that there are an estimated 217,000 credit cards which are kept secret from spouses. The bank has warned that this could carry serious implications for …

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Small Business Boss Says "economy is not going to change for the better"

Business website smallbusiness.co.uk is quoting three significant names in the UK small business arena as saying that we are not out of the woods just yet. Charlie Mullins, founder of Pimlico Plumbers, says he is not optimistic about next year. ‘We’re busy and slightly up on the first quarter, but I feel that the economy …

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