The Times

Firms start struggling as pandemic aid runs out

Publication: The Times
24th September 2022

Firms have largely spent the emergency state funding provided during the pandemic, raising the prospect of rising distress as many battle against inflation and a deteriorating economy.

Funding Xchange compiled the data by analysing the balances held by firms applying for loans. It said that the depletion of reserves was among several “early warning indicators” of distress.

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