Tuesday 26 February 2013

One in three businesses is losing money

Lib Dem leader Nick Clegg needs all the good news he can get. But maybe not from Cameron...


SOURCE DAILY MAIL One in three businesses is losing money as 'Zombie Britain' faces long and winding road to recovery, the Bank of England warned. Experts dubbed these firms 'zombie businesses' which have survived only because interest rates are at an historic low and the banks are reluctant to pull the plug on them.

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