Full impact of credit crunch yet to be seen

ECONOMIC PRESSURE: CEO of BT Chris Clark, left and chairman of InterTrade Ireland David Dobbin, right, at the launch of the business monitor survey

The economy, north and south, has not yet begun to feel the full impact of the 'credit crunch,' according to a new business survey.
The latest "Business Monitor" survey published by BT and InterTradeIreland says three in five companies are already feeling the pinch but an even greater number (72 per cent) believe the next 12 months will be worse as the credit crunch begins to squeeze hard.

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