recessions throughout his career. And while he
acknowledges that this has enabled to him to combat
the current economic crisis, he also describes the current
recession as “a very frightening place to be”.
“
I’ve never known
it to be so tough,”
Banks continues.
“
This recession has
been long and hard
and deep, and you
can’t take your eye
off the ball even for
a minute.
“
Most UK-based
businesses – it doesn’t
matter whether
you’re a butcher, baker or candlestickmaker – are telling
me it’s tough. Even the most positive guys are saying
this is hard, and I agree with that.”
Funding is amajor concern, not just for Balhousie, but
E THAT THIS BUSINESS,
LOOK AFTER, AND
HAVE JOBS AND WILL
10
TO 15 YEARS
ER AND CHAIRMAN,
ARE GROUP
inst the tide
page 135
September 2012
