/EINPresswire.com/ -- LONDON, UNITED KINGDOM -- (Marketwired) -- 11/09/15 -- The latest news from the Bank of England showing a rate rise in the UK to be unlikely until early 2017 is welcome news for UK SME businesses according to Max Wallace Managing Director of UK Business Directory MySheriff.co.uk.

A survey of SME business owners, conducted by the Free Business Advertising website, suggests Start-ups and Entrepreneurs are happy to hear that rates wont rise for at least another year, Max Wallace explains: "If access to lending is cheap and affordable this can only be good for SME's as any reduction in overheads is welcome news."

He added: "SME start-ups have been under a lot of pressure recently from price deflation, competition and a generally tough economic outlook with woes in the Eurozone and China particularly so this news allows more confidence in the sector".

Contacts:
Max Wallace
07900901900

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.