Deloitte offices in London
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UK finance chiefs fear double dip, says Deloitte

A chief financial officer has told accountancy firm Deloitte that everyone is "waiting for something very bad to happen".

As part of the company's quarterly survey of those officers, they found that businesses are concerned by a break-up of the eurozone and fear that a new credit crunch will drive major swings in asset prices and exchange rates.

Ian Stewart, Chief Economist at Deloitte UK, told Radio 5 live Wake Up To Money why CFOs, who are responsible for investment and jobs, seem to be paralysed with economic fear.

To hear other 5 live interviews, please visit the best bits page.

Wake Up To Money broadcasts weekdays 0530 to 0600 on Radio 5 live.

  • 03 Jan 2012
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