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SCOUT· 29%35m·2022-12-09·History
SCOUT· 29%35m·2022-12-09·HistoryThe Company That Cancelled Christmas
Cautionary Tales with Tim Harford · 21
More than 100,000 families - many of them amongst the poorest in Britain - put money aside for Christmas gifts and other seasonal treats in a savings club called Farepak. It wasn't a bank, and it wasn't great value for money... and it went bust. Kids went without toys, and festive dinner tables were left bare. Why…
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