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Retail SME growth stunted by lack of funding, claims alternative lender, Boost Capital

By June 14, 2017 No Comments

According to new research from Boost Capital, in key sectors such as retail trade, construction and hospitality, the relative contribution to overall GDP of those sectors has seen stronger decline than in other sectors between the pre-recession year 2007 and 2013. At the same time, lending to SMEs in the UK has contracted by £2.6bn (£41.8bn in 2008 to £39.2bn in 2012) or 6%.

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