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High street brands restructure ahead of September storm

Market participants believe trouble is ahead for retailers as the government’s furlough scheme and the business tenancies moratorium come to an end.

High street brands restructure ahead of September storm
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“The perfect storm is brewing,” says Matt Howard, partner at Price Bailey. “The furlough is coming to an end. People that have taken out loans, those repayments will need to be commenced in the coming month. You’ve got that double taxation due in the year for those people that have differed tax.”

Read more at the Accountancy Age

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