(Bloomberg) Corporate borrowers are coming to terms with the likelihood that Federal Reserve officials will keep interest rates in the US elevated for a protracted period of time, according to Wells Fargo & Co.Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersApple iPhone 15 Pro Max Deliveries Slip to November in Sign of DemandCaesars Entertainment Paid Millions to Hackers in AttackVi
it lead? everyone is at different transitions. it lead? everyone is at different transitions. , . ., transitions. very much so, and the uk has been transitions. very much so, and the uk has been regarded transitions. very much so, and the uk has been regarded as - transitions. very much so, and the uk has been regarded as a - transitions. very much so, and the uk has been regarded as a leader, j uk has been regarded as a leader, not least when it comes to offshore wind for instance but when it comes to putting in frameworks forgetting investments. forgetting investments. forgetting investments into nuclear. the eight us the problem is, of course, all of that happened up until very recently, and existed in a low rate environment. with the rates rising, we have seen a bit of air going out of the industry, and just this month, sorry, injuly, a couple of weeks ago, we saw one big company withdrawing from an offshore wind project in the uk, citing higher
numbers today, but what do the numbers tell us? they tell us they re very well. if numbers tell us? they tell us they re very well. numbers tell us? they tell us they re very well. if we can set aside the they re very well. if we can set aside the last they re very well. if we can set aside the last week s - they re very well. if we can set aside the last week s event - they re very well. if we can set| aside the last week s event and focus on the numbers than they were very strong. we saw half year pre tax profits sharply ahead of analyst s expectations and also has been trying to appeal to shareholders by issuing a dividend and announcing a share buy back programme which was not expected. having said that, banks to ebb and flow with the economic cycle and so it is to set aside more for potential bad loans and risks do some loans could turn sour in the coming months and although banks have been benefiting from the rising rate environment and allowing them to earn more on their lo
itself. the lower the credit score, the more that you will pay for everything if you are borrowing money. if you are below the 680 number, what should you be doing to improve that credit profile so it doesn t cost so much to borrow? it is important to look at your credit utilization rate, that is one of the most important factors in your credit score. credit history is also important. make sure that you have a history of on-time pavements, t pavements so lenders have more of a direct history to rely on and look at.pavements, pavements so lenders have more of a direct history to rely on and look at. and it is important to shop around. every lender has a different option when competing for that is extra competitive and hire rate environment. sarah, so nice to see you. thank you. former president trump expecting to be indicted for a third time. when to expect the charges, ahead. and a u.s. soldier in north korea in custody for the first time in decades after he crossed
an end to this widespread industrial action that we ve seen that can hamper economic activity. but there will be questions about how the government will be able to pay for this at a time when it s trying to limit spending and focus on fiscal prudence and balancing the books of the public purse. and secondly, to try and not spend too much or expand fiscally, because that can have the opposite effect of what the bank of england is doing in terms of its monetary tightening to try to curtail the inflationary problem that the government and the bank of england clearlyjudges the most important economic headwind that we re facing at the moment. yeah, let s look at those forecasts. i mean, we pore over this data when it comes out, don t we? so are we still on this path to recession? and do you think possibly the bank of england might think again about its rate rises? well, i think for the bank of england this week it said that the uk is actually proving to be pretty resilient against the risin