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CITY VIEWS: IS THE WORST OF THE DOWNTURN OVER?
DANIEL OLLIVER LIFE ASSURANCE
“I think we are coming out of the downturn, but that recovery will be slow. Everyone is nervous about saying we’re coming out of the slump, as they don’t want to be seen overreacting to a market blip.”
DOUGLAS CHU NYSE EURONET
“The institutional credit market still isn’t working, and until it does we won’t come out of this recession. We might be seeing a slight recovery, but I don’t think we’ll see an upturn until the middle of next year.”
JONATHAN SHAPLAND AHMED & CO SOLICITORS
“It’s hard to judge, as the government’s figures are always out of date. We need a change of government for a change in consumer confidence. The amount of debt we are now in is a serious blow.”