MPC member says cheap finance is gone for good

The member and leader of the Bank of England's interest rate setting committee said that finance never can be good as it was before the credit crunch and identified bank lending as the chief obstacle to Britain's economic recovery. And in the end he add"I think most people are starting to realise that finance is never going to be quite as cheaply available as it was in the years prior to the crash. Businesses are becoming more realistic about what they can get."