BBCNEWS World Business Report June 4, 2024 04:41:00
Trouble. and they are maintaining their operations as usual. rising interest rates, a little bit of a double—edged sword for banks. because on one hand,it sword for banks. because on one hand, it approves their margins, their profits, and that actually protects them a bit but on the other hand, it increases the possibility of loan defaults and causes problems for borrowers and so forth and can create faculties forth and can create faculties for them with the question of which way it goes. —— faculties. it will be to do with how fast the bank of england raises interest rates and the effec...