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Credit campaign heads to Whitehall

Drapers will join a delegation of indies and brands meeting with minister for employment relations Norman Lamb to discuss credit insurance issues on April 12.

Government ministers have been urged to help indies on the strength of an exclusive survey conducted by Drapers and Labour MP for Rochdale Simon Danczuk in January.

The survey found that indies are facing severe cash-flow difficulties in funding stock as a result of the withdrawal of credit insurance for brands.

Lamb wrote in a letter to delegate leader Paul Turner-Mitchell, founder of Rochdale indie 25 Ten Boutique, that the Government is aware of the difficulties that retailers have to deal with due to the tough economic situation and that the matter of withdrawing credit insurance to indies only exacerbated these difficulties.

The delegation is looking to work with the Government to develop proposals concerning stock funding and insurance to help all parties in the industry.

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