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