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Current challenges in the retail industry make banks reluctant to lend to small retailers

  • 3 December 2019
  • Bridget Culverwell
  • 0 comments
Bank lending to small and medium sized retailers in the UK has fallen 6% from £15.6bn* to £14.7bn since the Brexit vote in 2016, meanwhile large retailers have benefitted from a sharp rise in bank lending, says accountants and business advisors, Moore.
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