What Credit Crunch?

[Mike Leahy]

Is there a Credit Crunch and is it affecting you?
Tak
looking around it seems that there is a big divide. Some businesses have been affected whilst others are doing better than ever before. What do you think?

[Matthew Pugh]

Many businesses will claim that people aren't spending but personally I am not certain that's true. People still have needs for services and products etc It is just that now they are being more weary regarding what they buy. It is now a time when great value for money and quality sevices are becoming higher than ever before on peoples agendas. and the companies who have been fortunate enough to sail through in the past now have to compete to get custom. This will either force some companies under as they havent got any plans in place to deal with this situation, but on the plus side I think we will also start seeing some diamond companies emerging from this presure.