search query: @indexterm CREDIT MARKETS / total: 99
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| Author: | Weyer, M. Van der |
| Title: | Gearing down |
| Journal: | Management Today
1995 : JAN, 1, p. 52-54 |
| Index terms: | BALANCE SHEETS BANK LENDING CREDIT MARKETS |
| Language: | eng |
| Abstract: | Companies are reducing their debt while banks are preparing to lend more. Where does this discrepancy between supply and demand lead? The balance sheet of British business has passed through a truly remarkable transformation over the past two years. Statistics and anecdotal evidence in every sector and at every level, from giant household names down the modest seven-figure enterprises, all confirm the pattern: gearing levels radically reduced, businesses managing their cash flow more intelligently than before, and deep-seated reluctance to borrow afresh. |
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