credit crunch

“Lethal” risk-taking caused downfall

Update: Fri, 15/05/2009 - 08:14

A bonus culture that fuelled a 'lethal combination of reckless risk-taking' has been blamed for collapse of Britain's biggest banks, in the latest investigation into the crisis. Read more

Greedy bankers blamed for meltdown

Update: Fri, 01/05/2009 - 11:53

Bonus-chasing bankers and the failure of the supervisory system are to blame for the meltdown of the financial system, the Treasury Select Committee has said. Read more

Downturn worse than Great Depression

Update: Wed, 25/03/2009 - 12:21

Insurance giant Legal & General has warned the UK has yet to feel the full brunt of the credit crunch, with the downturn likely to be worse than the Great Depression. Read more

Tougher rules for banks to prevent another credit crunch

Update: Wed, 18/03/2009 - 14:13

The financial watchdog has proposed “major changes” in the way banks are regulated to help prevent a repeat of the crisis that brought many financial institutions to their knees. Read more

Who is to blame for the financial crisis?

Fri, 07/11/2008 - 11:50

Moneywise TV interviews Dr Vincent Cable, deputy leader of the Liberal Democrat Party, to find out his view on the economic crisis and the reasons behind it.

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Recession is here, say economists

Update: Mon, 20/10/2008 - 10:34

A leading economic forecasting group has warned that the UK is already in a recession, with the economy, household budgets and property prices set to shrink over the next 12 months. Read more

The credit crunch: one year on

By Liam Tarry Update: Mon, 18/08/2008 - 15:32

Last August, the credit crunch that had been rocking the US hit British soil. In just 12 months, the impact on house prices, the cost of living and the economy has been dramatic. Liam Tarry looks at the credit crunch one year on and asks what the future holds. Read more