Industry insights from Funding Xchange's front-row seat in commercial lending
The UK economy is falling into recession during a period of political uncertainty, high energy, borrowing costs as well as a home-made fiscal crisis that is driving tightening of government spending just as an overheated economy is moving into reverse. As businesses are facing into these new challenges, they have less cash at hand and unsupportive balance sheets that reflect the government-backed debt they took on.
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