Brexit insolvency fears boost demand for trade credit insurance
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LONDON (Reuters) - Companies are stepping up purchases of insurance to protect themselves against insolvencies in Britain, industry sources say, in part due to concerns about the impact of Brexit.The UK economy is feeling the pinch from the political uncertainty, which has hit consumer spending and led to a drop in the value of the pound.This has contributed to high-profile company collapses like that of travel firm Thomas Cook, which also suffered under the weight of its debt pile.UK..