Pandemic could rip 105 billion pound hole in small company finances
Britain’s smaller companies could
be saddled with up to 105 billion pounds ($129 billion) in
“unsustainable” debt by March next year that will need
recapitalising, a financial services body told the Bank of
England on Monday.
be saddled with up to 105 billion pounds ($129 billion) in
“unsustainable” debt by March next year that will need
recapitalising, a financial services body told the Bank of
England on Monday.
Posted by Reuters
