Small firms are borrowing big sums to survive. They must be given the option of a debt-for-equity swap with the TreasuryBritain is sleepwalking into a debt crisis that will undermine its prospects of a sustainable recovery.Its not the debts of the government that are at issue; it is the monumental amount of borrowing by the private sector, much of it from the Treasury, that will hang like a dead weight on the shoulders of thousands of businesses, possibly for a decade. Continue reading...
Tags
state
investment
economy
phillip
Category:
News and Media
Latest from this category |
|
|
