'Businesses on breadline' report

A REPORT has revealed that one in eight small and medium-sized enterprises are living on the breadline with only a minimum amount of emergency cash.

The study by GE Capital shows that over 750 of the region's small to medium-sized businesses would struggle if they faced any immediate or unforeseen situations.

John Jenkins, chief executive officer of GE Capital, said: "It is worrying that so many are not in a position to deal with an emergency should it arise."

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