Blow to Leisure Industry As Hsbc Cuts Lending ; Banking

Summary


The embattled leisure industry is in line for further pain after banking giant HSBC launched a crackdown on lending to bars, restaurant and hotel groups, it emerged yesterday.

Britain's biggest bank is understood to be reining in its lending and overdraft facilities to some leisure firms as the sector struggles amid a sharp consumer slowdown.

See the full content of this document

Extract


Blow to Leisure Industry As Hsbc Cuts Lending ; Banking

The decision will add to the gloom in the industry, which is already see...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United Kingdom

Explore vLex

For Professionals

For Partners

Company