Firms to feel the squeeze in 2008

David Pattison, senior analyst at Plimsoll Publishing, commented on 2007 and forward to the New Year. “Almost every sector of British business stands at a crossroads as it prepares for the coming 12 months. With uncertainty in the economy, some will want to sit tight and do nothing radical. Others will need to cut costs quickly to weather the possible storm. But some who have built up large cash reserves will be looking at this period of difficulty to make acquisitions at a bargain price. So

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