|
Re: Companies going into administration
Quote:
Originally Posted by mertle
not looking good for premier foods 1bn in debt due to bank loan 
http://www.bbc.co.uk/news/business-17345450
They say its good for businesses get loans expand personally it strangles them to long term debt high risks only takes recession banks start getting itchy.
Bank given them more time you can only imagine that jobs will go likely firesale to raise the funds. |
The question is now how many businesses are actually financially sound and secure because as every day goes by we seem to hear of yet another business going belly up. 
__________________
“The only lesson you can learn from history is that it repeats itself”
|