Feeling the crunch

16 December 2008

Blog picBy Jake Kanter

This story in the Financial Times suggests even the most sought after brands are feeling the bite of the credit crunch this year.

Robin Ellis Construction (REC), known as "London's poshest builder", has entered administration after a "cut off" in payments made by customers and subcontractors refusing to extend credit. REC, whose client list has included stock market traders and rock stars has made all 35 of its staff redundant and future projects have been cancelled.

Is any organisation fully resilient to the economic downturn?

How can cash flow problems be mitigated?

 
LATEST
JOBS
Swindon, Wiltshire
upto £40K base (+ Paid overtime and corporate benefits)
Honda Manufacturing Ltd
Kew gardens, Richmond upon Thames, London (Greater)
£37,000 - £42,500 per annum pro rata, depending on skills and experience
Kew Royal Botanic Gardens
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE