Thursday, the first quarter Credit Conditions Survey from the Bank of England said UK lenders reported slight increase in corporate credit availability in the last quarter and anticipate further rise over the coming three months.
The first quarter survey was conducted between February 23 and March 13.
Lenders reduced the availability of secured credit to households during three months to mid-March and a small net balance of lenders expects an increase in overall credit availability.
At the same time, unsecured credit availability to households and small businesses reduced less than expected. Over the coming quarter, lenders forecast unsecured credit availability to remain broadly unchanged.
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