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Recession now 'looming' in Scotland
'real problems' ms cameron said: the continuing problems in the global financial sectors, general slowed down in the international economy and continued price inflation are real problems for scottish business . trading conditions will be difficult over the next year, and easing the issures in the financiall sector is critical to enable credit to be available for scottish businesses . the survey showed that manufacturing capacity had fallen and the proportions of construction firms working below optimum levels had increased from 30% to 70%, since the last quarterly report . concerns over raw materials were cited by 82% of manufacturing and 73% of retail respondents . low cost over no-cost measures by the scottish and uk governments could make a real difference factor businesses . business confidence was at rectord weak levels, the cc said . liz cameron cc's chief executive . Generated 2008-10-26_18:14
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