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Bank of England Report Warns of ‘Substantial’ SME Debt Vulnerablity

The Bank of England’s latest Financial Stability Report, released this week, points to the particular vulnerability of the SME sector as the economy emerges from COVID-19 restrictions.

The twice yearly reports, compiled by the Bank’s Financial Policy Committee, sounded a warning about increased corporate indebtedness, in particular amongst smaller firms with weaker balance sheets.

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