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But the credit squeeze means borrowed funds are now harder to come by, which leaves its economy vulnerable.
"We have an early supper and a little lemon squeeze with Mama Rose," Mr. O'Shaughnessy said, explaining that, in his private lexicon, lemon squeeze means soulful conversation.
Smith says the spending squeeze means the agency has to cut staff from the present 11,200 to 9,700, with a third of the reduction coming from flood defence, but he hopes the government will reconsider the cuts.
The latest squeeze means no new shoes or clothes for anyone.
The cabinet member for housing said: "The current public spending squeeze means we face a real challenge in dealing with the city's housing crisis".
"The result, known as coastal squeeze, means beaches are getting narrower and the little terns are quickly running out of space".
Similar(50)
The budget squeeze meant monetary policy – interest rates and quantitative easing – has been asked to do too much.
An unprecedented financial squeeze meant that hospitals are already at the point where quality of care is at risk.
The Social Market Foundation said the pay squeeze meant 45% of the self-employed were being paid below the "national living wage" of £7.20 an hour.
Three squeezes means "I love you"; two squeezes means "I'm scared".
Pay freezes, followed by pay squeezes, mean the value of their pay has fallen by more than 15%.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com