Insurer's Decision Hits Floor Firm Price

Summary


SHARES in the UK's biggest tile and flooring firm were under pressure yesterday after an insurer refused to cover suppliers against the risk of it going bust.

Leicester-based Topps Tiles said an unnamed credit insurer was withdrawing cover for its suppliers in the "uncertain" economic conditions.

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Extract


Insurer's Decision Hits Floor Firm Price

Topps said key suppliers were supportive of the business and does ...

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