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UK Committee Says Banks Closed 2.7% of Small Business Accounts

February 28, 2024
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UK Committee Says Banks Closed 2.7% of Small Business Accounts

February 28, 2024
More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. That figure amounts to 2.7% of all accounts held by small businesses, the committee said in a Tuesday (Feb. 27) press release. These “de-banking” figures were released as part of the […]