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UK banks see muted outlook for business lending in fourth quarter
October 14, 2016 / 9:04 AM / a year ago

UK banks see muted outlook for business lending in fourth quarter

The business district of Canary Wharf is seen behind the O2 Arena in London, September 26, 2016. REUTERS/Amr Abdallah Dalsh

LONDON (Reuters) - Britain’s banks expect muted borrowing demand from businesses in the fourth quarter of the year, a Bank of England survey showed on Friday.

Economists are watching for signs to see whether companies have changed their approach to expansion following Britain’s vote to leave the European Union in June.

Reporting by Andy Bruce; writing by Sarah Young; editing by Kate Holton

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