'Exceptionally disappointing' loan figures - Labour


The fall in lending by UK banks is "exceptionally disappointing" Labour's shadow treasury minister has said.

Chris Leslie told BBC News that a lack of finance was holding back the economy, and many firms were "exasperated" by the difficulty in obtaining loans.

But the Bank of England has announced that net lending fell by more than £2.4bn in the final quarter of last year.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.