Summary
THE banks behind the lending boom which came to a spectacular end last summer are now hindering the recovery of the financial system by being too cautious, the Bank of England warned yesterday.
Lenders are so fearful of further credit crunch losses that the return of confidence to markets is being hit, according to the Bank's latest Financial Stability Report (FSR).See the full content of this document
Extract
Uk News Bulletin: Cautious Lenders Hamper Recovery
Sir John G...
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