50% Of UK Firms Face Huge Debts By Year-End

At least 50 per cent of companies in the United Kingdom (UK) will struggle to service their debts due to rising interest rates – up from 45% in 2022, according to the Bank of England. The UK’s interest rate currently stands at 5.25%, up from the record low of 0.1 per cent in November 2021, … Continue reading 50% Of UK Firms Face Huge Debts By Year-End