01.11.2012 - Lending to UK real estate businesses continues to fall
UK bank exposure to real estate fell to 8.4% in the third quarter of 2012, the lowest level since 2002, according to the latest Bank of England quarterly lending figures. While total lending has been relatively stable over the last year, down 1.6% over the period, lending to real estate was negative for a 10th consecutive quarter in Q3 2012 with an 8.1% decrease on levels seen a year ago...............................................Full Article: Source
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