BoE’s Cunliffe sheds light on investment issues
Lack of access to credit and constraints on the use of internal funds are disrupting investment, BoE deputy says
A survey conducted by the Bank of England (BoE) has painted a gloomy picture for investment, with one in five firms facing external financing constraints.
Speaking in Birmingham on February 8, BoE deputy governor Jon Cunliffe explained the central bank had undertaken the survey of 1,200 firms to try to understand "supply of finance for productive investment".
The survey revealed firms are having "difficulty" raising funds for investment. "One in five firms, out of a large representative sample
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