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Headline

Cobbetts' path to administration

Comment

It is very worrying. There are a number of firms out there with a higher ratio of lending to turnover than Cobbetts including the firm I resigned from as an equity partner not so long ago in Yorkshire. It does show that there is considerable risk in high growth strategies supported by too much debt.

Posted date

30-Jan-2013

Posted time

5:59 pm

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