Photographer: Chris Ratcliffe/Bloomberg

U.K. Business Lending Forecast to Shrink Until 2019, EY Says

  • Financial services outlook hurt by post-Brexit vote economy
  • Stock of company loans seen falling to lowest since 2005

Business loans in the U.K. will shrink to the lowest in more than a decade in the next couple of years as weaker economic prospects in the aftermath of the vote to leave the European Union damp demand, according to the EY ITEM Club.

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