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International

Quarter of UK small businesses would shutter if key person died

August 22, 2019 Reprints

A survey by U.K.-based financial services firm Legal & General Group PLC found that more than 25% of small businesses in the country would shut down immediately if a key person died or became critically ill, Continuity Central reported. Another 26% said that they would cease trading within a year in such circumstances.

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Quarter of UK small businesses would shutter if key person died

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