Access to finance
Ensuring businesses of all sizes are able to generate growth capital is crucial to the UK's economic well-being
'We need raise the level of finance in the economy to support our growth aspirations'- CBI director-general John Cridland
The CBI's Financing for Growth report calls for action on two fronts. Firstly, it is asking for immediate action to smooth the transition to a “new normal” in banking lending.
And secondly, it emphasises the need to refocus finance so that it is squarely lined up behind the CBI's vision for a rebalanced economy that includes big roles for medium-sized businesses, exporters and increased business investment.
What is the new normal?
Regulatory reform, bank balance sheet restructuring, and a more realistic pricing of risk are shaping a new normal for bank finance. This transition is being exacerbated given the historic reliance on bank finance in the UK, and made bumpier by cyclical pressures from the eurozone.
More on access to finance
All the CBI's work with an impact on access to finance for businesses
Read the full report
Financing for Growth: Refocused Finance for a Rebalanced Economy
Where can UK firms get to help to find vital growth capital?