It’s just not working… The Federation of Small Businesses has hit out at the Government’s response to the economic crisis by saying that they view the measures that have been taken as a failure. Through the economic downturn the Government has fallen back on their interest rate blanket as well as provided funding for firms [...]

Small businesses around the country may be in for a little bit more luck as the Bank of England has announced that they are preparing to slash interest rates even further in an attempt to avoid having the country caught up too much in a recession. The move would be a record breaking drop as [...]

As we bear witness to the interest rates being slashed by an incredible 2 per cent in recent weeks, the Chancellor, Alistair Darling, is still warning banks that unless they pick up their rate of lending then “further action” must be taken by the Government. The new interest rate is the lowest the country has [...]

There have been desperate calls for a forceful cut in the level of interest rates as dismal figures from the UK’s manufacturing and service sectors have been uncovered.  A rate cut of 4.5 per cent is expected of the Bank of England on Thursday as it attempts to avert a devastating recession. Information released on [...]