HMRC Latest News

Businesses borrow again :

Research by BDRC Continental indicates that ambitious companies are more likely to be using external finance than they were last year. There has been a gradual rise in "permanent non-borrowers" among entrepreneurs in recent years, according to the firm, although there are also signs that this trend may be levelling off. In the final quarter of last year, 43% of SMEs met this definition, the lowest proportion for 18 months. And once these were removed, 70% of businesses said that they were likely to use external finance, up from 65% in 2014.
Source : The Times, Page: 40

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