Don't Wait for Base Rate Rise

Summary


Low interest rates have helped boost the profits on many farms - but bankers are warning the end of the honeymoon is already in sight.

They say interest levels are set to return quickly to pre- recessionary levels once the economy starts to pick up - and farmers looking to secure long-term borrowing should act before the market picks up.

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Extract


Don't Wait for Base Rate Rise

While the Bank of England signalled another breathing space last week when it kept its base rates at...

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