4 July 2016
Facing the prospect of their
first UK recession, Britain's small specialist lenders could struggle to cope
with a downturn, especially in the small and medium-sized business sector that
is their lifeblood. The promises of the so-called challenger banks, many just a
few years old, to improve customer choice and challenge the dominance of big
High Street lenders are looking shaky after Britain voted to leave the European
Union.
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