There appears to have been an increase in first time enquiries from three main industries in the last quarter, these include; debt recovery organizations, nursery institutions, and letting agencies. This influx of enquiries indicates that these industries are in fact prospering during the credit crunch and also have expanded enough to justify buying or renting a photocopier. Information such as this can go some way to judge the way the credit crunch has effects on Britain’s sectors.
A high percentage of businesses (almost 38%) that have delivered notice of going into administration within the last quarter have come from the consumer industry, recommending that consumers are being more careful using their money. When this is compared with the increase of enquiries via debt recovery agencies in the last quarter, it is obvious that there has been a definite change throughout the market. It is clear that the housing marketplace has been affected in a big way by the credit crunch, especially given that mortgage loans are less easily available. This has been reflected in the photocopier market, with less business from the housing construction and development industry, but a considerable upsurge in enquiries from letting agencies.
These changes support the actual fact that people are choosing to lease property as the marketplace is not stable enough to buy. The idea of renting than buying is also reflected in the photocopier industry rather, with more businesses choosing to take out lease agreements on photocopiers rather than purchasing the unit.
This is …