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Newsagents – tell your bank about the News Limited announcement

I was talking with a newsagent yesterday who is in the middle of a challenging finance review with their bank. The bank had a bunch of reasons to reduce the funding line to the business and the newsagent had not countered with anything. They are a distribution business and advised the bank abut the News Limited announcement. having now done their their relationship manager feels they can make a case in favour of the business.

Every newsagent should advise their bank about the News announcement at the appropriate time.

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Newsagency management

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