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Share of firms taking on new borrowing doubles this year
Original: Firms taking on new borrowing has doubled this year, survey finds https://www.standard.co.uk/business/business-news/hsbc
A new survey reported by the Standard has found that the share of firms taking on new borrowing has doubled this year. The figures were released alongside HSBC's analysis of GDP trends, pointing to businesses turning increasingly to debt despite elevated borrowing costs. The findings are drawing attention from economists watching corporate balance sheets and the wider economic outlook.
Why now: Businesses doubling down on new debt in a high-interest environment raises questions about confidence and growth.
Evidence
- Firms taking on new borrowing has doubled this year, survey finds https://www.standard.co.uk/business/business-news/hsbc-gdp-middle-east-b1300391.html # Business # Finance # Economy · the_standard@robot.villas · 4
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