Articles tagged "credit crunch"

Banks must ring-fence retail and investment arms

Last updated: Sep 12th, 2011
News by Nathalie Bonney
UK banks will have to ring-fence their retail services from their investment activities, recommends the Independent Commission on Banking in its final report.

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“Lethal” risk-taking caused downfall

Last updated: May 15th, 2009
News
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.

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Greedy bankers blamed for meltdown

Last updated: May 1st, 2009
News
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.

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Downturn worse than Great Depression

Last updated: Mar 25th, 2009
News
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.

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Tougher rules for banks to prevent another credit crunch

Last updated: Mar 18th, 2009
News
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.

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Recession is here, say economists

Last updated: Oct 20th, 2008
News
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.

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Taxpayers' cash may kick-start mortgage market

Last updated: Aug 18th, 2008
News by Liam Tarry
The Treasury has ruled out setting up an US-style government-backed lender to kick-start the UK’s flagging mortgage market, but has hinted that it may allow banks to swap mortgage debt for taxpayer guaranteed bonds.

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Why are Britain's biggest funds sinking?

Last updated: Jul 21st, 2008
Feature by Sonia Speedy
Some of the UK’s biggest and best-loved funds are posting dismal performances. Sonia Speedy explains what is going on and asks what it means for existing and new investors.

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Credit crunching starts at home

By: Nargis Ahmad on May 21st, 2008

I’m really bad at remembering to switch off the light when I leave a room. I guess that makes me bad for the environment. But as that famous saying goes, charity begins at home and so does credit crunching.

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The Credit Crunch Dilemma - Staying in or going out?

By: Nargis Ahmad on May 20th, 2008

"But London's so expensive!" said my best friend when I tried to invite her out for a night out on the town last night. And this wasn't one of my always broke university friends either. With a little help from my other best friend, Google, I decided to find out about all the free things you can do in London, here's what I discovered:

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