Sat.Oct 29, 2022

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Soaring borrowing costs heap pressure on indebted UK firms

TheGuardian

For companies in need of finance to expand – or just survive – rising interest rates and inflation make a scary combination, especially as recession looms It was a photo that marked the end of an era. Morrisons boss David Potts, in a black open-necked shirt, standing in a garden at the supermarket group’s Bradford headquarters, beside a statue of founder Ken Morrison.

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