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We fully endorse this recommendation from R3 to help struggling companies. 

Struggling companies should be given up to six weeks free from creditor pressure to plan a recovery or rescue, says insolvency trade body R3.

With the ever deepening economic crisis in China I suspect UK banks will be badly hit and will probably respond by yet again tightening their lending criteria with SMEs.

Trade credit providers to share Data a boost to SMEs raising credit

Data sharing rules will be changing to allow data sharing which should make more trade credit available to SMEs.  Credit limits are expected to rise by a total of £2.4 billion.

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