Wed, 09 Jun 2010 | BUSINESS NEWS
A business survey has revealed that 18 per cent of small businesses fear they will go insolvent if UK interest rates rise to 4.5%. R3, the turnaround and recovery association, polled over 300 small businesses to see how they would be affected by interest rate rises.
The research shows that the hotel, catering and retail sectors are the most fearful of interest rate rises. Whereas small businesses in the construction and manufacturing industries feel less vulnerable.
By UK region, small businesses in the North West are most concerned about falling into insolvency, whilst businesses in the Midlands are least concerned.
This survey is a reminder that the economic recovery is fragile and could be easily derailed by increases in the base rate.
Offering marquee hire from small to large this business services mainly the events industry, its own smaller marquee competitors and occasional work directly with individuals. They can support parties and weddings through to corporate dinners, festiv...
LEASEHOLD
This contemporary, stylish 4 star hotel has 24 comfortable and individually-designed ensuite bedrooms, a modern bar and a recently refurbished restaurant with a great vantage point and some of the best seaside views in North Wales.
This is an attractive and strategically well-located hotel in the heart of Porthmadog and a stone’s throw from the junction of the A497.
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