On Wednesday 30 October 2024, Rachel Reeves stood at the despatch box in parliament to deliver the Labour Party’s first Budget in 14 years, Here’s our take… Commenting on the Autumn Budget 2024, Ben Davies, Co-founder, Hexa Finance, said: “As I reflect on last week’s budget, it’s been difficult to avoid the negativity and concerns arising … Read more
bank of england
Commenting on the findings of British Business Bank’s fourth annual Nations and Regions Tracker, Gareth Burkitt, Credit and Risk Portfolio Manager, Hexa Finance, said: “The recent report highlighting Wales as the UK leader in external finance use is a promising sign for the region’s businesses. At Hexa Finance, we’re thrilled to see this positive trend, … Read more
The Bank of England’s decision to keep the base rate at 5% (as of 19 September) will continue to have an effect on borrowing costs for businesses. In this commentary, we look at what this means for businesses and how they’re navigating the current economic climate. Here’s our take… Commenting on the Bank of England’s … Read more