Pantheon Macroeconomics - July's money and credit figures provided more evidence that firms have become reluctant to invest following the Brexit vote. Lending by U.K. banks to private non-financial companies--PNFCs--rose by just 0.2% month-to-month in July, below the
average 0.5% increase of the previous six months.

U.K. | 31 August. 2016 Cheaper Borrowing Costs Won't Reignite Firms' Investment Appetite
July's money and credit figures provided more evidence that firms have become reluctant to invest following the Brexit vote. Lending by U.K. banks to private non-financial companies--PNFCs--rose by just 0.2% month-to-month in July, below the average 0.5% increase of the previous six months.

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31 August. 2016 Cheaper Borrowing Costs Won't Reignite Firms' Investment Appetite

By Samuel Tombs

July's money and credit figures provided more evidence that firms have become reluctant to invest following the Brexit vote. Lending by U.K. banks to private non-financial companies--PNFCs--rose by just 0.2% month-to-month in July, below the average 0.5% increase of the previous six months.

Posted: 31st Aug 2016 in 'U.K.'

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