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Accountants Should Take Note of SMEs at Risk of Rising Interest Rates

Accountants Should Take Note of SMEs at Risk of Rising Interest Rates

As the UK’s near-zero interest rate era comes to an end, small businesses are exposed to rate rises. Marc Bajer, CEO of Hadrian’s Wall Capital, discusses why corporate finance teams in accountancy firms should take note. He says "As the UK’s near-zero interest rate era comes to an end, small businesses are exposed to rate rises. With another Bank of England increase on the horizon, it’s important to understand just how much of a financial toll this will take on SMEs – both for their own financial stability and for the economy as a whole."