back to article Micro Anvika forced into cash-only trading

Fears are mounting over the future of veteran Tottenham Court Road retailer Micro Anvika after credit insurers removed cover for suppliers and it was forced to trade on a cash-only basis. The firm continues to pay bills on time but channel sources have questioned whether the pressure on working capital is sustainable following …

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  1. Anonymous Coward
    Anonymous Coward

    Prices

    Considering that everyone (stores and consumers) is feeling the pinch, this hardly comes as a surprise.

    The only redeeming feature they had was that it was probably in stock, and if you didn't mind the premium, you could get it there and then

  2. Anonymous Coward
    Anonymous Coward

    Can't they get a taxpayer-funded bailout?

    After all, they're in central London, and they don't actually produce anything of value themselves, they add value by moving stuff from one place to another (and take a cut for doing so). A bit like the you-know-who.

    Wrong kind of handshake, you say?

    I see what you mean.

  3. David Evans

    ...and another one bites the dust

    Tottenham Court Road is going to be horrible when its just coffee shops and M&S.

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