Withdrawal of Credit Cover to the UK Retail Industry: A Case on Credit Crisis
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However, the prevailing sentiment among retailers was that the UK Government intervention was required to bail the industry out of the crisis. Measures were undertaken by the UK Government in the form of a stimulus package but were considered inadequate by those affected. This case examines the importance of trade credit insurance for retail businesses in the UK and the implications of its withdrawal on these businesses.
» Understand the importance of trade credit insurance in retail businesses.
Credit Cover, Retail Industry, Credit Insurance, Trade Finance, Global Financial Meltdown, Credit Crisis, Credit Control, Euler Hermes, Atradius, Coface, Economic Stimulus Package, Economic Recession, British Retail Consortium, Tough Economic Environment, Working Capital Requirement, Insolvency, Administration, Closure, Global Insolvency Index, Bankruptcy, Business Environment, UK Retail Industry
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