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UK firms will need new equity to cope with Covid-19 debt surge: TheCityUK

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About a third of the debt being taken on by British companies under the government's emergency coronavirus lending programmes could be unsustainable, raising the need for fresh capital from new investors, a finance industry body said on Sunday.

[LONDON] About a third of the debt being taken on by British companies under the government's emergency coronavirus lending programmes could be unsustainable, raising the need for fresh capital from new investors, a finance industry body said on Sunday.

TheCityUK said that by the end of...

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