Farseer: Bank of England hold interest rates

Farseer: Bank of England hold interest rates

Interest Rates Monetary policy UK

Following today's decision by the Bank of England to hold interest rates at 3.75%, Matej Trbara, Co-founder of Farseer, shares his thoughts on what this means for UK businesses moving forward:

'An unchanged interest rate decision may provide a degree of short-term stability, but it does not remove the uncertainty facing businesses. Holding rates steady still leaves finance teams managing volatile costs, changing customer behaviour and intense pressure on margins.

For British businesses, the danger is treating stability as certainty. Annual budgets can quickly become disconnected from reality when market conditions are still moving. Continuous forecasting and scenario planning give finance teams the visibility to respond faster, build resilience and provide business leaders with more reliable insight for decision-making.'