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UK Business lending falls

The bank of England’s trends in lending publication shows that lending to businesses fell by £4.8bn over the quarter, with lending down by £2.8bn in February alone, the squeeze effecting both small and medium-sized enterprises and large businesses.

A quote from April’s publication says "Looking forward, lenders in the Credit Conditions Survey expected credit availability for small and medium-sized firms to be little changed in the coming quarter, although availability for large companies was expected to increase further."

Please read April’s full lending survey here The Bank of England

 

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We have successfully recruited an excellent individual to join our finance function through Caroline at CRA Consulting last year. We have been really impressed with the quality of the candidates they put forward and the level of service throughout the process. They really understood the requirements of the role and personality of the person to fit the culture of our organisation, not wasting our time with unsuitable candidates. We value their understanding and professional approach and will continue to use them in future recruitment.

Joanna Dobson,
Commercial Director -Software Tribal Group

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