A source from the Institute of Chartered Accountants in England and Wales (ICAEW) believes that cash rich, well-run businesses will be in a strong position to gain market share and make acquisitions over the coming months.

The manufacturing Institute believes that financial problems caused by the credit crunch will benefit employers, as they will push to improve profit margins and become more efficient. Peter Rogers, the practitioner team manager at the Manufacturing Institute, explained that companies are being forced to squeeze their profits because they can pass increased costs onto their [...]

According to the Forum of Private Business (FPB), small businesses should protect themselves against the effects of the credit crunch. They should be prepared for job losses, actions from employees and delays in payment from customers. A KPMG business confidence survey found that up to 53 percent if firms are planning to reduce staff levels. [...]