Interest rate rise sparks concerns from Shropshire business chiefs

Россия Новости Новости

Interest rate rise sparks concerns from Shropshire business chiefs
Россия Последние новости,Россия Последние новости

The Bank of England’s latest interest rate rise comes with ‘potentially serious side effects’ for the economy, Shropshire Chamber of Commerce fears.

  • 📰 ShropshireStar
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Businesses which are relying on debt to keep afloat after three years of turbulent times will be disproportionately impacted by the decision, according to deputy chief executive Ruth Ross.

“Shropshire businesses will also need to see concrete action in the upcoming Budget to promote growth, including plans on infrastructure, tax, skills, and trade.” “The main driver of inflation for most firms is energy costs, but this requires a clear policy solution, with immediate relief for those most affected and longer-term structural changes to ensure this market failure does not occur again.”

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

ShropshireStar /  🏆 98. in RU
 

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Residents moved as Shropshire care home business enters liquidation owing £339,000Residents moved as Shropshire care home business enters liquidation owing £339,000Eight residents were moved out of a care home after Shropshire Council was told that the business that owns it was entering liquidation, the local authority has confirmed.
Прочитайте больше »



Render Time: 2025-01-14 00:01:28