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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Inflation starts to rise

The Small Business Finance website has reported that inflation has started to creep upwards. Consumer Price Inflation (CPI) annual inflation, the government’s target measure, was 1.5 per cent in October, up from 1.1 per cent in September. Meanwhile, the retail inflation (RPI), which includes mortgage interest payments and housing costs, rose to -0.8 per cent …

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