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Fox Hayes fall offers hard lesson in capital management

Fox hayes Yes it is true to say that Fox Hayes should have diversified into other areas of law and this was a fault of the management ,but if the conveyancing market hadn't crashed & the interest rates had stayed above 4% then Fox Hayes would still be in business. I believe the partners worked extrmely hard to keep the business going since Northern Rock was privatised, trying their best to keep as many people in employment to the detriment of themselves.

4-Feb-2009

8:24 am