Number Of Loans Offered By Banks Falling

The video discusses the apparent economic growth in London, which is misleading due to paused construction projects. It highlights the challenges in bank lending, where despite low interest rates, lending to households and businesses has decreased. The video explores whether banks are unwilling to lend or if there is a lack of borrowing demand. It also examines disparities in lending practices among banks, with some expanding their lending while others face difficulties. The overall economic recovery remains slow, with businesses and households struggling to access loans.

What is the current state of construction activity in London according to the text?

What are the reasons mentioned for the pause in construction schemes?

How have banks' lending behaviors changed according to the text?

What is the overall sentiment regarding the UK economy as described in the text?

What challenges do banks face in lending to businesses?