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Announcements, releases and the stories of the British founders we’ve helped fund — updates from across the bizbritain newsroom.
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Most economists expect a Bank Rate rise on 5 November. What it means for a Start Up Loan
54 of 63 economists in a Reuters poll expect a Bank Rate rise on 5 November. A Start Up Loan is fixed for its whole term, so a rise does not change it.
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News
Gilt yields hit a 19-year high, and what it means for a fixed rate business loan
UK 10-year gilt yields passed 5.4% on 11 September, the highest since 2007. What that means for a fixed rate business loan, and what it does not change.
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News
SME loan rates rose in June while Bank Rate stood still
The effective rate on new SME loans reached 6.36% in June, up 0.18 percentage points in a single month, while the Bank of England held Bank Rate at 3.75%.