Nevertheless, firms said even then that key effects of the credit squeeze
were to be seen in impacts on property disposal and acquisition.
They were largely blamed for causing the credit squeeze
that brought banks such as Northern Rock to their knees.
4bn in July as the credit squeeze
continued to hit firms.
Would-be car buyersmay be finding it hard to raise loans as the banks continue the credit squeeze
, but taxi drivers are finding it easier to replace their traditional black cabs.
Manager Dean Thomas expects to lose some of his big-name players because of the credit squeeze
and the glut of postponements that's stifled the club's cash-flow.
He has needed all his experience to tackle the banking crisis and the credit squeeze
Earlier, the bank had slashed interest rates to their lowest level since 1951 and also indicated that more steps were needed to prevent a credit squeeze
The OECD predicts that US output will fall in the first half of 2009 before gradually picking up as the effects of the credit squeeze
abate, the housing market bottoms out and lower interest rates start to take effect.
There had been a "significant fall" in sales in the UK commercial and residential markets, thanks to the credit squeeze
, its report said.
The bank said it took a pounds 398m knock from the credit squeeze
in the first half.
Forget the credit squeeze
and go and enjoy a good British holiday, three cheers to Messrs Brown and Cameron for leading the way
LONDON: Banks scrambled for cash yesterday to cover their funding needs as a year-end credit squeeze
intensified and the European Central Bank stepped in to lend three-month funds at its highest rate in 6-1/2 years.