“While each of the interest rate increases we’ve seen in the last year have been unwelcome, today’s at least marks a slowdown in the alarming upward trend we’ve experienced of late.
“At a time when small business confidence is falling decision makers from all spheres of government need to look at all of the available levers to steer the economy back towards growth. By extending the VAT threshold, delivering on regulation reform and tackling late payment, to name but a few measures, the Scottish and UK Governments could enable our smallest operators to continue to provide real value to their local places and economies and trade their way back to growth.”
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