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How to manage Covid-19 business debt

UK businesses borrowed five times more from banks between January and August 2020 than in the whole of 2019 (according to EY Item Club1 – a leading UK economic forecasting group). Over that eight-month period, new borrowings (net of repayments) totalled £43.8bn, compared to the £8.8bn of 2019. And it is small businesses who have... Read more

26th January