It is cheaper for companies to raise finance by issuing bonds than by borrowing or issuing new equity according to a report by PricewaterhouseCoopers (A Good Moment to Restructure the Balance Sheet).

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It is cheaper for companies to raise finance by issuing bonds than by borrowing or issuing new equity according to a report by PricewaterhouseCoopers (A Good Moment to Restructure the Balance Sheet). "Powerful macroeconomic trends and changes in the tax system are forcing companies to reconsider how much debt they should have on the balance sheet," said Dr Bill Robinson, head of UK business economics. "The boom in the IT sector has left...

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