CBI/PricewaterhouseCoopers Financial Services Survey – 75th edition |
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June 2008
Although liquidity concerns may have eased slightly, asset write-downs remain a real concern and – most importantly - economic indicators continue to weaken. Respondents are becoming more pessimistic about the duration of the slowdown and its impact on their levels of business.
It is particularly notable that worries about demand are now spreading from the consumer sector into the commercial and corporate arenas. In response to falling customer activity, cost reduction programmes are becoming more widespread and comprehensive.
© 2008 PricewaterhouseCoopers. All rights reserved. PricewaterhouseCoopers refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
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