Curtails to credit loosening

Posted on 6 Apr 2009 by The Manufacturer

Access to credit looks to be easing for manufacturers, according to the latest survey by the Confederation of British Industry (CBI) for March.

The data reveals that a balance of -36% of firms said access to new credit had tightened in the last three months, compared with -59% in February. For existing credit, the balance was -16% compared with -25%. The situation remains tough for the very largest businesses though – 86% of firms with over 5,000 employees…

This content is for subscribers only. Subscribe now for free to read the full article.