HSBC Launch report assessing the recession

13th November 2009

HSBC have launched a report outlining what has happened in the recession and outlines the financial issues from a banking perspective. Several points are made: Loans have been a avaialble for businesses: Loans are still available: SHEs in particularare saying that there are a range of reasons why they do not necessarily want to take out a loan: Many see fellow companies overstretch themselves and are being cautious. The research was conducted by Delta eConomics, an independent research and survey compan. They conduct their COGS survey on an annual basis and analyse responses from 2,100 owners of businesses across the UK.

See http://www.hsbc.co.uk/1/2/business for a link to the report