Company Profits Slashed ; + + Credit Crunch Crisis + +

Sunday SunOctober 12, 2008

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Summary


UK firms issued 111 profit warnings between July and last month as the credit crunch hit retailers, media and support service firms.

The figures, released on Friday by Ernst & Young are almost a third higher than for the same period last year.

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Extract


Company Profits Slashed ; + + Credit Crunch Crisis + +

Support services saw the ...

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