One in three businesses is losing money ~ NewLookTrial

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Tuesday, 26 February 2013

Tuesday, February 26, 2013 Posted by Jake No comments Labels: Bank of England, banks, Clegg, credit crunch, elections, LibDems, the government, Tories

One in three businesses is losing money

Posted by Jake on Tuesday, February 26, 2013 with No comments | Labels: Bank of England, banks, Clegg, credit crunch, elections, LibDems, the government, Tories

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.

OUR RELATED STORIES:

LATEST: Think you’re paying less tax now? The withdrawal of Working and Child Tax Credits leaves low earners paying a 73% marginal tax rate, and medium earners paying even more

RIP-OFF NEWS ROUND-UP, OUR PICK OF THE LAST WEEK'S MEDIA

YOU'RE FIRED?! We are already nearly the most easily fired people in the developed world

EYE OPENER: Housing Equity Withdrawal took off in 1979. Since then almost all UK growth has suspiciously equalled the amount we took out. Looks like it’s pensions next

DID YOU KNOW? MPs are getting a 10% pay hike in May, to £74k

Tuesday, 26 February 2013

One in three businesses is losing money

The IMF calls for an end to austerity strategy

Distribution of household financial assets - half of us have zero

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