Fumbling for Lending

Of all the confusing statistics flying around recently this is one of the most troubling (here clearly described in the FT).[blockquote]“After falling in February and March, net lending to private non-financial companies dropped another £3bn in April, pushing the annual decline back down to 4% after recovering earlier this year.”[/blockquote]The statistics also reveal that repayment of loans to businesses have continued to outstrip new lendi...
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Quite un-Co-operative

It looks like the stormy outlook for our nation’s banks continues. Not only are their balance sheets under continual scrutiny, but new regulatory requirements will also mean further adjustments.With the Moody’s downgrade of the Co-operative’s banking business sending concerned ripples throughout the financial community, the spectre of a banking system in crisis re-appears.How can this possibly be the case five years into the current financi...
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Funding for Lending – chickens and eggs

A recurring theme amongst lenders over the last few years has been the lack of suitable borrowers for their funds. It is worth picking this statement apart however, as there are two distinct components.[icon_list][icon_list_item type="arrow-right"]Lack of demand from small and medium sized businesses[/icon_list_item][icon_list_item type="arrow-right"]Lack of credit-worthy business applying for funding[/icon_list_item[/icon_list]The Government’s...
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Time for some stick?

It is hard to believe, but it has been five years since the bottom fell out of the financial system, plunging the globe into the deepest and longest-lasting recession since the 1930s. Over these last five years the UK has struggled with the twin competing goals of reducing our dangerously high national debt, while at the same time creating an environment where the economy can grow.While we might generously give them an A for effort, we will have...
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Osborne’s choice

Only days away from this year’s budget and the press is heaving with lobby groups and special interests calling for a few coins to be cast their way by our beleaguered Chancellor of the Exchequer.The biggest of the business groups, The Confederation of British Industry (CBI) is making a plea for investment in Britain’s wounded construction industry. House builders have been for many years among the most aggressive investors in the UK, supplyi...
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