Learn English: How Rising Interest Rates Affect Small Businesses (easy)
1 year, 3 months ago
Small businesses in the UK are struggling with debt and facing challenges like higher prices and inflation.
The Bank of England has raised interest rates sharply, making it more difficult for businesses to repay their loans.
To help these businesses, policymakers should consider programs that reduce loan payments and provide financial assistance.
By supporting small businesses, we can create a healthier economy and stronger communities.
Learn English with En30s
Our simplified news summaries make learning English easy and efficient. Whether you're a beginner or an advanced learner, we have the right level for you. Choose from our easy, normal, or hard summaries and improve your English skills today!
