UK Finance Executives Shun Debt as Rates Rise, Embrace Equity Financing: Deloitte Survey
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UK finance executives view debt financing as unattractive due to rising interest rates, according to a Deloitte survey.
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37% more UK CFOs see debt as unattractive versus attractive, the widest gap since the survey began in 2007.
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Equity financing grew more popular among UK CFOs amid climbing rates.
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CFOs expect Bank of England to cut rates to 4.75% in a year from current 5.25%.
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Inflation seen at 3.1% in two years, down from nearly 7% now but still above the BoE's 2% target.