Private equity firms' debt in UK supermarkets raises concerns, prompting Bank of England investigation.

Private Equity firms' debt binge in the UK raises concerns as supermarkets like Wm Morrison and Asda face high debt burdens. The cost of servicing this debt is spiking and has prompted lawmakers to question the firms' resilience, especially with potential higher interest rates. The Bank of England is now probing private equity giants and their businesses to assess their economic threat potential.

May 20, 2024
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