Oldham-based Widdop Bingham secures £3m loan after lockdown ‘cashflow’ issues

Oldham-based Widdop Bingham secures £3m loan after lockdown ‘cashflow’ issues

An Oldham-based giftware supplier has secured a £3m loan after lockdown saw the business face ‘cashflow issues’.

Widdop Bingham, which was established in 1883 as a clock and watch manufacturer, furloughed 90 per cent of its staff after lockdown forced its customers, including WH Smith and H Samuels, to close their doors.

The family-owned business, which specialises in the design, import and…

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