News > UK companies face insolvency after two years of financial stress

UK companies face insolvency after two years of financial stress

Fashion United | 29/04/2022 01:52 PM | Click to read full article

Two years of trading anxiety, financial stress and post-pandemic uncertainty has left many British businesses, including retailers and fashion companies, at a risk of insolvency.

Many companies took out loans when their companies were forced to close during Covid-19 restrictions and lockdowns, but are struggling to repay debts.

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