UK Unsecured Loans to Business Industry: Size, Key Trends, Insights, Analysis, Opportunities and Forecast to 2018 - PowerPoint PPT Presentation

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UK Unsecured Loans to Business Industry: Size, Key Trends, Insights, Analysis, Opportunities and Forecast to 2018

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The lending to business industry is beginning to stabilize following the recession. The lending to business industry in the UK has recorded little signs of growth since 2011, but has somewhat stabilized since the financial crisis. Net lending to non-financial businesses declined by GBP109.5 billion from 2008 to 2009, while lending to Private Non-Financial Corporations (PNFCs) declined by just under 35% (in terms of annual change) between the start of both 2008 and 2010, which emphasizes the impact of the crisis. The affordability of business loans has declined since 2009, when the Bank of England reduced interest rates to a record low of 0.5%. Get more details of report at: – PowerPoint PPT presentation

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