Wed, 09 Jun 2010 | BUSINESS NEWS
A business survey has revealed that 18 per cent of small businesses fear they will go insolvent if UK interest rates rise to 4.5%. R3, the turnaround and recovery association, polled over 300 small businesses to see how they would be affected by interest rate rises.
The research shows that the hotel, catering and retail sectors are the most fearful of interest rate rises. Whereas small businesses in the construction and manufacturing industries feel less vulnerable.
By UK region, small businesses in the North West are most concerned about falling into insolvency, whilst businesses in the Midlands are least concerned.
This survey is a reminder that the economic recovery is fragile and could be easily derailed by increases in the base rate.
This well-established hotel for sale in Hereford presents a unique opportunity with its prime location close to the cathedral, offering 83 en-suite bedrooms and versatile dining and event facilities.
FREEHOLD
Located on the Island of Burray, just off mainland Orkney, once only accessible by boat, but now linked by the iconic causeways - the Churchill Barriers. The hotel itself has an imposing position overlooking the beach and Burray Harbour, with stunnin...
FREEHOLD
An established car dealership in Berkshire, positioned on a prominent main road, is now available for purchase, offering a prime opportunity for investment in a lucrative market.
LEASEHOLD
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