The Caithness Business Index has posted the following article:

Credit Conditions Survey - 2022 Q4 - About Mortgages, Loans and Credit

It is a dull sounding report by the Bank of England but reveals the huge changes happening in the lending markets. Higher interest rates are reducing demand and at the same time the number of people struggling to make payments on mortgages and credit cards are increasing month on month. [Read Full Article]