Banks Lending Again but City's Businesses Still Feeling the Pinch

Summary


BORROWING has returned to pre-crisis levels across the UK but business leaders have said Swansea is still feeling the pinch.

The latest figures from the British Banking Association (BBA) have revealed borrowing has reached a level not seen since before 2008 as businesses have paid down debt and built up reserves as a response to the tough times.

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Extract


Banks Lending Again but City's Businesses Still Feeling the Pinch

But Swansea hotelier and Federation of Small Businesses branch secretary Mike Jones said the c...

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