Telegraph: Credit crisis is easing for UK business, CBI says

The CBI's latest credit conditions survey, published today, shows that companies were less negative about the availability of new and existing credit in March than they were in February. The CBI report is significant because the inability to access credit has been cited by businesses as one of the most serious obstacles to survival since the onset of the downturn. [Access to credit was their biggest problem. Their next biggest problem is finding customers who have access to credit.] Firms are not saying that credit conditions are getting better, but the severity of the disruption is no longer worsening as sharply as it was three months ago. And the combination of easier monetary policy and the Government's measures to support the banking sector may be starting to have an impact.