creditcontrol.co.uk
​
​

Rate shift fuels positive shift in UK economy

​

Following the Bank of England’s announcement in the cut in interest rates to 4.25%, we ask James Burgess, Head of Commercial and insolvency expert, Atradius UK for his insight into the impact on the UK economy following last month’s inflation decrease.
 
“Cutting the interest rate cut to 4.25% will come as a welcome relief to businesses and households across the UK.   After months of subdued economic forecasts and ongoing geopolitical uncertainty, this move signals a cautious but positive shift in the economic outlook.”
 
“With inflation easing to 2.6% last month, this rate cut should help restore confidence, encouraging spending and investment while supporting the government’s strategy for steady, sustainable growth.”
 
“That said, businesses should stay focused on liquidity, reinforce supply chains, and protect cash flow through trade credit insurance to remain resilient and ready to seize new opportunities.”