3 ms·
>The government is forecasting that businesses already overburdened with debt because of Covid are going to borrow at near record amounts to fund investment and
by sgt101 6y ago
>The government is forecasting that businesses already overburdened with debt because of Covid are going to borrow at near record amounts to fund investment and I can say with near certainty that they won’t be, because banks will not be lending, and that ends that suggestion then.
Banks will be lending, they will have to because they need to get the cash (printed by the central banks) off their balance sheets. They will do this by lending left right and centre.
Wages will probably lift as well because there are several structural skills shortages in the economy at the moment - due to Brexit and some other factors.