Crunch Squeezes Finance Sector Back to 1991 Levels ; Cbi Survey Paints a Gloomy Picture
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Summary
FINANCIAL services firms are feeling the impact of the credit crunch as business volumes fell to their lowest level since 1991, according to a report by the CBI and accountancy group, PricewaterhouseCoopers.
The CBI's quarterly financial services survey painted a gloomy picture as 44% of firms recorded lower volumes, compared with just 10%who declared an increase.See the full content of this document
Extract
Crunch Squeezes Finance Sector Back to 1991 Levels ; Cbi Survey Paints a Gloomy Picture
The report detailed rising operating costs and a fall in business sentiment, with 49% of companies ...
See the full content of this document
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