'Moment of Truth' On Crunch

Mail on SundayJune 22, 2008

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Summary


THOUSANDS of businesses struggling to cope with the credit crunch and general economic turmoil face a midsummer nightmare this week as key payment dates loom.

A triple whammy of rent, bank interest and VAT bills could sink weaker companies, particularly retailers.

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'Moment of Truth' On Crunch

'There are three sucker punches coming towards struggling businesses this quarter-end,' said Pete...

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