UK firms draw down on revolvers as Sunak’s bailout lacks details

By Mike Turner
26 Mar 2020

A trio of UK companies drew down on their revolving credit facilities this week, as firms in the country build up their cash piles despite an unprecedented financial support package from the government.

Pest control firm Rentokil, homeware store Dunelm and building products supplier Epwin Group have become the latest companies in the UK to draw down fully on their revolving credit facilities.

“The government has offered to do a lot but at the moment the details of how to actually ...

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