What a difference a year makes. When the last AJ100 was published in May 2008 (AJ 15.05.08), the credit crunch had hit, but it still seemed more like an innocuous catchphrase than a reason to panic. In hindsight, the warning signs were already there - in his prophetic AJ100 interview last year, HLM Architects chairman Chris Liddle was quoted as saying, 'Right now the public sector is relatively safe; housing is not'. Yet no one predicted the force with which the squeeze on liquidity would hit architects.
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