Clouded Outlook
Friday, September 4, 2009
Corporate credit crunch
It is a simple story. During the second quarter, banks lent out ₤27 billion, and received loan repayments of ₤37 billion. In other words, banks squeezed out ₤10 billion of cash from UK firms.
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TheBinMan
September 5, 2009 at 3:25 PM
It's a simply story. DEFLATION!
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Anonymous
September 6, 2009 at 9:56 PM
Isn't this good news? Debt repayment.
Chefdave
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It is a simple story. During the second quarter, banks lent out ₤27 billion, and received loan repayments of ₤37 billion. In other words, banks squeezed out ₤10 billion of cash from UK firms.
It's a simply story. DEFLATION!
ReplyDeleteIsn't this good news? Debt repayment.
ReplyDeleteChefdave