Help with the LIBOR rate change for SMEs

By the end of 2021, the London Interbank Offered Rate (LIBOR) benchmark lenders use to calculate the interest rate for financial products will end and move to a safer more transparent benchmark rate.

To support the business community, UK Finance with ACT, CBI, ICAEW and LMA has created this simple introductory guide to help businesses understand what it means for them, what they can do, and where they can go for more information.

You can download the guide below.

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