Households and businesses have "no appetite" to take on new debts as the UK economic outlook remains uncertain, a banking body has said. Unsecured borrowing through loans and overdrafts has dropped by 7.7% in the year to September, the British Bankers' Association (BBA) said. Firms were waiting for trade prospects to improve before borrowing, it added. However, many small businesses have argued that banks are restricting access to credit. "The continuing economic uncertainties both in the UK and in the Euro area are having a dampening effect on activity within firms and households," said BBA statistics director, David Dooks.....Read more here: BBC News - Firms and households shunning new debt, says BBA