Negative interest rate plans, a cause for concern for SMEs

News that RBS may be planning to charge interest on accounts has been described as "deeply concerning" by the chairman of Federation of Small Business, who feels that the decision could hit small business confidence. With analysts predicting that the UK's other big banks may also follow suit, businesses are being encouraged to reconsider their banking facilities.  

At Beavis Morgan, our SME business experts are available to structure your business with cashflow and profit forecasting to measure performance and maximise opportunities. We work to a pre-determined plan, to help you avoid any nasty surprises. 

For more information about how we can assist you and your business, contact Steve Govey or your usual Beavis Morgan Partner