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PA IN THE MEDIA

How to stimulate UK bank lending

"The banks now realise that they need to be more cautious in their old lending practices and that what they have on their balance sheets is not what they thought they had."

MARK THOMAS, BUSINESS STRATEGY SPECIALIST, PA CONSULTING GROUP

Mark Thomas
BBC Radio 4, PM
1 June 2011

BBC Radio 4 interview

Mark Thomas, business strategy specialist at PA Consulting Group, has been interviewed on the BBC Radio 4 PM programme in a feature on UK bank lending.

Mark is interviewed by Hugh Pym as part of a discussion about the UK banking sector and the ongoing difficulties businesses are facing in securing credit.

Mark highlighted how banks are still coping with bad debt from the financial crisis and that this is making them reluctant to lend. He points out that the banks now realise that they need to be more cautious in their old lending practices and that what they have on their balance sheets is not what they thought they had.

You can listen to Mark's interview by clicking on file below. Please note; you will need QuickTime installed on your computer.

(If you are using Internet Explorer, a prompt message will automatically appear.) 

 

Mark Thomas PM programme 020611

For advice on how your business can benefit from strategies to cope with the financial crisis, contact us now or click here to visit our website.

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