Banks Increase Loan Loss Provisions; Business Cost Reductions; and Business Confidence Levels

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Manage episode 268752864 series 1185172
Player FM과 저희 커뮤니티의 Business Finance Bulletin and Rob Warlow 콘텐츠는 모두 원 저작자에게 속하며 Player FM이 아닌 작가가 저작권을 갖습니다. 오디오는 해당 서버에서 직접 스트리밍 됩니다. 구독 버튼을 눌러 Player FM에서 업데이트 현황을 확인하세요. 혹은 다른 팟캐스트 앱에서 URL을 불러오세요.
Opening this week’s Bulletin podcast, we look at the amount banks are setting aside for expected loan losses. We are in the High Street banks’ half-year reporting season and they are setting aside significant provisions for expected loan defaults. How could this impact you when looking for finance? Although experiencing a fall in sales, the impact on small businesses is being offset by cost savings. We review a survey from Hitachi Capital Invoice Finance which reveal the top cost lines where savings are being made. To close, we look at surveys from Lloyds Bank and the Federation of Small Businesses, one which reports businesses are starting to feel more confident, and the other revealing that business owners are still cautious about the next three months.

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