Thecityuk

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The expected bill for unsustainable debts to UK firms has dropped by £10 billion to 'only' £20bn, according to TheCityUK. TheCityUK’s Recapitalisation Group (RCG), supported by EY, has today published updated projections for levels of unsustainable debt faced by SMEs.

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Urgent action is needed to address a skills and talent crisis in UK financial services, according to an independent review commissioned by HM Treasury.

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