UK Bank Lending to Business Down Even More...
In uk.finance Maria wrote:
Lending to British companies and individuals fell during April, data
published yesterday revealed, suggesting that the Bank of England’s
programme of quantitative easing may have had little impact to date.
The Bank revealed that lending to “private nonfinancial corporations” –
the business sector apart from the banks – fell by £4.7 billion in
April. This was the biggest monthly decrease since records began more
than a decade ago.
"Credit will be neither offered nor sought"
-- Yours Truly, circa 2003
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