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Redde Northgate accepts furlough aid, keeps dividend

Trading at the vehicle leasing group is reportedly back to normal, though several pinch points remain
September 16, 2020

Landing nearly five months after its April year-end, results for the commercial vehicle lease group Redde Northgate (REDD) tell only half a story. After completing its merger on 21 February, Covid-19 had a material initial impact on trading, though chief executive Martin Ward said demand and trading had returned to pre-pandemic levels.

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