Nearly a decade on from the start of the credit crunch, the relationship between manufacturers and the banking sector is still yet to recover, according to a new report out today from EEF.
The concern is that manufacturing businesses are shunning the banks in favour of self-financing investment projects, potentially leading to lower levels of manufacturing investment overall. The report warns that this presents a risk to growth that will likely be sharpened as the UK heads towards Brexit and says that the Competition and Markets Authority’s final…
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