Manufacturers remain ‘reluctant’ to borrow from banks
Nearly a decade on from the start of the credit crunch and the relationship between manufacturers and the banking sector is still yet to recover, according to a new report from EEF, the manufacturering organisation.
The report says that the concern is that manufacturers 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 ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
