How the Bank of England’s Interest Rate Decision Affects Small Businesses
The Bank of England (BoE) decided yesterday to hold interest rates steady at 5.25%, despite inflation easing to the target of 2%. This decision, closely monitored by small business owners, carries significant implications. Understanding these effects is crucial for navigating the current economic landscape and planning for the future.
UK Grocery Inflation Drops to Lowest Rate Since October 2021
After what feels like an eternity of watching prices creep higher and higher, UK grocery inflation is finally showing signs of slowing down. For the first time since October 2021, we’re seeing a significant dip in the rate of grocery price increases, which comes as a relief to many small business owners.
This blog dives into the details and explore what this means for you and your business.
Strategies for surviving economic downturns
Discover strategies for surviving economic downturns. Manage finances, diversify revenue, and support your team with our expert guidance.
