In our recent blog post, we consider the question — 'How Much Long-Term Debt Should a Company Have in the United Kingdom? https://www.leading.uk.com/how-much-long-term-debt-should-a-company-have-in-the-united-kingdom/

Recently the Bank of England (BoE) reported that total corporate debt had risen by around 6% over the past two years in the UK. Their figures also revealed that small and medium-sized (SME) businesses carried more of the burden – by as much as a third – than larger listed businesses, principally because they were more likely to be in sectors that were heavily affected by the Covid-19 pandemic, such as hospitality and leisure.