Business Confidence Rises, Business Savings Rates, Small Business Borrowing – BFB 279
Opening this week’s Bulletin, a surprising continuation in the rise in business confidence despite the looming general election and Brexit limbo. However, another survey reveals that the feeling of uncertainty still prevails, especially among younger businesses.
With approximately £382b held on current accounts and low interest deposit accounts, findings from Aldermore Bank exposes how much businesses are losing out by not maximising deposit account returns.
To wrap up this episode, a look at how small businesses are still limiting their borrowing appetite as revealed in the latest Bank of England bank lending figures.
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