Business loan rows, 95 per cent mortgages, and tax cuts - here's your need-to-know business news roundup.
High Street banks are ‘hiding’ costs in cheap business loans according to a new report.
The Association of Corporate Treasurers suggests that banks’ “implied messages” suggest that their products are better value than alternative funding sources. [Telegraph]
Mortgages with a loan-to-value ratio of 95 per cent have returned to the consumer market.
Three High Street banks have launched 95 per cent deals in the last fortnight, with others planning to offer products in the near future. [Guardian]
The government is reportedly considering further tax cuts to get the economy moving.
The Chancellor is thought to be looking at ways to bring forward the proposed increase in the income tax personal allowance. [Express]
