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The franchise industry defiant mood. Against backdrop of the Chancellor acknowledgement that the UK's economic recovery is likely to be "longer and harder" than hoped, the sector remains determined to equip itself to not only weather the storm, but to emerge as a competitive and profitable industry that will support the UK economy to get back on its feet.
This positive and confident approach is reinforced by research undertaken by NatWest, which along with Lombard, is part of The Royal Bank of Scotland Group. The research findings indicated that 87 per cent of franchisors are planning to expand in the year ahead. The question is how these franchisors and their franchisees go …