The Top 50 +50 survey 2009
18 Jun 2009, Accountancy Age, AccountancyAge
http://www.accountancyage.com/aa/special/1755038/the-top-survey-2009
The recession and the credit crunch have taken their toll. Of this year's Top 50, 39 firms, or 78%, have seen their growth rates squashed, while nine of those have seen their revenues enter negative growth. The economic crisis is punishing practice. But we extended this year's survey to 100 firms to produce a second list, the +50. Here things are equally difficult with almost half the firms booking growth rates below 5%, with a significant portion of those either flat or in negative territory.
This special report features all the coverage of this year's Top 50 and +50 survey. Click on the links below to view the articles.
View the entire Top 50 survey in pdf format
News
3,000 jobs lost in top 50 firms as recession hits financial services
Features
Top 50 survey: the pursuit of happiness
Top 50 survey: putting the pieces together
Analysis
Overview: Frank Hirth, rising star
Comment
Mergers loom as firms struggle to grow
Fit to fight your way out of the recession
Blogs
Insi der:Economy is hurting the Top 50
Video
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Visitor comments
Look on the positive side
If only 9 of the top 50 firms have actually seen revenues drop that means that 82% of these top 50 firms are still growing despite the recession.
Even if growth rates are down at most of these, that still seems like better news than the editorial acknowledges.
Why do we have to be so negative and talk ourselves into depression? What about looking at some of the positive aspects of such statistics for a change?
Posted by: Jim Etherton , 19 Jun 2009 | 00:00