UK retailers says bailout funds not sufficient to stop 'imminent collapse': FT

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British Retail Consortium wrote a letter to finance minister Rishi Sunak and small business minister Paul Scully and said the crisis “facing parts of the retail sector . . . must be addressed urgently ahead of the June quarter (rent) day”, the newspaper said.

The letter was also signed by the British Property Federation and Revo, the newspaper added.

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