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Interest rates held at 3.75% as Bank of England hints of future rises over Iran war — Photo by Jakub Zerdzicki on Pexels

small business loans

Lower Interest Rates Push Expansion UK SMEs Pay Now

Lower interest rates lower borrowing costs, letting UK SMEs fund growth projects now without stretching cash flow. The Bank of England held its base rate at 3.75% on June 20, 2024, a 30-year low, signaling short-term stability for lenders. Financial Disclaimer: This article is for educational purposes only and