The latest survey of credit conditions from the Bank of Englandpublished last Thursday provided encouraging evidence that the Funding for Lending scheme (FLS) is improving the availability of credit for both businesses and households. The report revealed that the availability of credit to businesses rose for the first time in a year, while the availability of secured credit increased to its highest level since the survey began in 2007. However there are still some areas of concern, including the pressures facing small businesses, with the credit available to small firms significantly below that available to larger scale businesses
