May
24 Business investment rises 6% in first quarter 2010
Figures from the Office for National Statistics show that business investment for the first quarter 2010 is up 6% over the previous quarter. Whilst this is good news, the figure is still 11% lower than the same period last year. So we won’t get too carried away!
The 6% rise indicates an increase in business confidence, albeit small, and backs up our view that business lending is now becoming more available. The business friendly measures announced by the Government recently should further increase business confidence and continue the growth in business investment.
Hopefully the forthcoming budget will cement the pro-business view of the government and continue the rise in confidence and investment.
Is your business looking to invest? Say Yes to a business loan from Yes Business Loans. All types of businesses catered for and competitive rates and terms can be obtained for the majority of loan requests put to us.