Rising interest rates are bad news for homeowners – but they could be a lifesaver for some businesses, according to leading commercial analysts Plimsoll Publishing.
“Our research shows a third of UK Automatic Vending companies are in more debt than they have been at any time in their history, “ said David Pattison, senior analyst at Plimsoll. “Rising rates are a useful wake-up call.”
If companies reduce their level of debt and streamline their business models, they may have a future, according to Plimsoll. But if they ignore the alarm call they risk sleepwalking into danger.
Rising rates should also bring stability to the UK Automatic Vending market, according to David Pattison, because they will slow down the pace of acquisition activity.
For more information visit www.plimsoll.co.uk or e-mail enquiries@plimsoll.co.uk
