17 April 2009

BRC demands credit insurance redress at Budget


Half of large retailers say the reduction or withdrawal of trade credit insurance has undermined their ability to trade.According to the British Retail Consortium’s Credit Conditions Survey, 40 per cent of small and medium-sized retailers also say the reduction or withdrawal has undermined their position.Two thirds of larger retailers believe trade credit insurers are not in a position to assess accurately the risk of a supplier not getting paid.Trade credit insurance pro


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