September 2008
The 76th CBI/PricewaterhouseCoopers financial services survey sees the industry’s downturn in confidence becoming even deeper and more prolonged. Revenue streams are slowing across all areas of the industry, with rapidly cooling economic growth and financial market instability the dominant themes.
Respondents continue to reassess how severe and long-lasting the slowdown will be, and are becoming increasingly focused on reducing their levels of staffing.