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Hornby, Airfix and Scalextric maker warns of ‘severe’ cash crunch as debt pile spirals out of control

THE maker of Britain's most beloved toys is facing a financial nightmare as debts spiral to £17.2million. Hornby - the legend behind Scalextric racing cars, Airfix kits and model railways - has warned of a "severe" cash crunch that could force it to delay paying back massive loans. The Margate-based giant is battling a perfect...


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