LENDING to businesses by the major UK banks rose in October on a net basis that takes into account repayments, new figures from the British Bankers' Association reveal.
LENDING to businesses by the major UK banks rose in October on a net basis that takes into account repayments, new figures from the British Bankers' Association reveal.
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Ian McConnell Business Editor
It is the first such monthly increase since May.
The BBA figures, which take in Royal Bank of Scotland, Lloyds Banking Group, Barclays, HSBC, and Santander UK, show the stock of lending to non-financial companies by the major UK banking groups rose by a net £247 million in October to £295 billion.
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