Throughout this entire trying time there has been little to be thankful for, especially in the sphere of small businesses. Moneis have been scarce, bank loans thin on the ground and the public at large are going through the type of austerity drive that would dry up even the most lucrative streams of income.
It is in this light that even the smallest of mercies comes as a blessing. Therefore at least the Bank of England has kept the interest rate at only 0.05% for more than a year, at least this can in some keep long term debts down while the companies have to re-adjust in the short term.
How long this state of affairs is likely to continue is more in the hands of those great economists, but in the mean time if spending is kept to a minimum, and all economies are to be maximised so that small business comes out the other side fitter and leaner than ever.
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