Summary
THIS week EEF published it"s latest survey on access to funding and the figures paint a mixed picture. Whilst companies in Wales are reporting that availability of finance has continued to improve slightly, a gradual pattern we have seen since the end of the recession, they are paying a price for it in increased cost.
However, what is even more striking is the fact that fees and interest rates on existing borrowing have gone up. Given where interest rates are and the fact the Bank of England has signalled that they will stay at a record low for some time they should be coming down not going up.See the full content of this document
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Organisation
Anecdotally this is leading to discouraged demand where companies don"t eve...
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