'Serious Consequences' If Investment Chill Continues

Summary


BUSINESS leaders yesterday warned of "serious consequences" if company investment continues to fall, after official figures revealed a 22 per cent plunge in the second quarter.

The British Chambers of Commerce said firms had "little choice" but to slash capital spend-ing in the face of "weak demand, the banks' reluctance to lend and serious financial pressures".

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Extract


'Serious Consequences' If Investment Chill Continues

But the group went on to warn that such a situation "cannot persist indefinit...

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