22% of the firms said they had seen a fall in the number of people they employed although they said the figure was not as bad as predicted. The news from the firms is not a surprise as city job losses have soared over recent months.
Lucy Trueick
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p>A survey of financial firms undertaken by the Confederation of British and PricewaterhouseCoopers has revealed that financial firms feel the crunch still has 6 months to go before any normality returns. The companies quizzed gave the impression that the crunch had worsened over the past three months and was set to last another six.
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