Bank optimism rises as credit to business eases

calendar December 31, 2009

• Credit conditions show mortgage choice increase for customers • ‘Spread’ should narrow between borrowing costs and base rate Britain’s banks expect to make credit more easily available to households and businesses in the first quarter of 2010, a survey by the Bank of England showed today, suggesting the credit freeze is slowly thawing. The Bank’s quarterly credit conditions survey showed that …

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Bank optimism rises as credit to business eases

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