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Bitesize: How did the Bank Rate change affect business loan rates?

Hannah Phaup

Evidence suggests that small and medium-sized businesses (SMEs) rely more on bank credit than other businesses.  So how has their cost of borrowing fared since last year’s Bank Rate cut?  And how do their rates compare with overall businesses? Continue reading “Bitesize: How did the Bank Rate change affect business loan rates?” →

BankUnderground Banking, Monetary Policy 19/06/201719/06/2017 1 Minute
Bank Underground is a blog for Bank of England staff to share views that challenge – or support – prevailing policy orthodoxies. The views expressed here are those of the authors, and are not necessarily those of the Bank of England or its policy committees.

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