The amount of bank lending to small firms is falling at a faster rate than to businesses overall, and it’s costing small companies more, according to new data from the Bank of England. Lending to small businesses fell by 5.1% in August, against an overall decline in lending to businesses of 3.4%. In addition, while the average cost of borrowing for businesses fell from 2.42% to 2.38%, for small companies the figure increased from 4.67% to 4.68%.