Credit hopes ease for British firms

Jun 2 – CBI survey shows fewer banks tightenging credit to UK businesses, though times are still tough.

Tessa Unsworth reports


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Credit hopes ease for British firms

questions

  1. What seems to be easing for British firms?
  2. What does CBI stand for?
  3. How many banks will continue to toughen lending?
  4. What was the figure in March 2009?
  5. What, according to the Bank of England, is essential?
  6. What has the Bank of England tried to do?
  7. Who has promised £billions to protect lenders?
  8. What is good news?
  9. What phrase does the economist use to suggest that government initiatives have only been marginally responsible for the changes?
  10. Despite this news, what are banks still doing?