On Wednesday 3 August 2016, the Bank of England (BoE) made the decision to cut UK interest rates from 0.5% to 0.25% – the lowest they have been in their 322-year history and the first time interest rates have been reduced since 2009. Designed to ward off the risk of Britain heading into an economic recession in the wake of the EU referendum result, the action taken by the BoE will have an immediate impact upon borrowers, savers and investors alike. With money left in savings accounts now delivering smaller returns than ever before, Britons are left having to reconsider their financial strategies.
At IW Capital, understanding the impact of events such as this on Britain’s consumers and investors is a significant priority, specifically regarding the efficient management of one’s portfolio of EIS investments. In light of the UK’s record-low interest rates, IW Capital has commissioned nationally representative research across 2,000 respondents analysing the impact of the drop on investors’ behaviour at a time where traditional investment and savings products will be delivering yields at an all-time low. The findings from the research can be found in our new report – What do Record Low Interest Rates Mean for the Enterprise Investment Scheme?
The report forms part of Access 42, IW Capital’s new community for sophisticated SME investors. The network provides essential forward-facing insights to guide investors through the future of SME investment, which is vital at times of political and economic transition.
Access 42 provides its members with pre-emptive access to IW Capital’s SME investment opportunities; exclusive research and reports about the changing investment landscape in Britain; and VIP invites to leading alternative finance events.