You are here

Virus credit crunch risks turning firms into zombie army


A DECADE of easy money sloshing around the economy may come to haunt policymakers as legions of firms hooked on cheap credit have no buffers to make it through the coronavirus crisis without serious damage, or outright failure.

Amid signs that banks and investors have already...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to