Efforts from the Bank of England and the Government to unblock bank lending is finally paying off for manufacturers, according to a survey by EEF.
• Manufacturers tell EEF credit is easier to access • 32% of firms reported rise in the cost of finance in past two months, compared with 47% and 44% in previous quarters • 47% of companies saw the cost of new borrowing rise in the past two months, down from 56% Manufacturers have reported an…
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