BoE survey shows heightened risk aversion in lending

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The Bank of England's Agents' summary of business conditions published on Wednesday said credit conditions last month improved for large firms but that banks remained risk-averse with regard to their exposure to other firms.

The report is based on Bank of England's Agents' discussions with contacts in the period between late September 2010 and late October 2010. The report said there was a substantial divergence in the credit conditions faced by contacts with robust balance sheets, often larger

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