Business Baron

Seventeen Per Cent

Seventeen Per Cent. A precision engineering firm in Wolverhampton in January 1980. Minimum Lending Rate went to seventeen per cent in November, the pound has…

Seventeen per cent. And a pound nobody abroad can afford.

A precision engineering firm in Wolverhampton in January 1980. Minimum Lending Rate went to seventeen per cent in November, the pound has risen with North Sea oil, and your customers in the car and machine tool trades are cancelling orders. Your overdraft is on base plus three.

Starts
January 1980
Length
two years
Difficulty
Hard
Scored on
Still trading at the end
Business
Precision Engineering Shop

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