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Pandemic set to land SMEs ‘extra £173,000 debt’ each year

The pandemic will likely land small businesses an additional £173,000 debt pile each year as loans taken out during the coronavirus crisis continue to pile up, according to a new report.

Pandemic set to land SMEs ‘extra £173,000 debt’ each year
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Half of small and medium-sized enterprises (SMEs) in the UK have taken out a Covid-related loan, according to a survey of more than 1,000 small businesses by cloud computing firm Sage.

Read more at City A.M.

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