credit crunch

Industry Insider: Ten years since the credit crunch, what have we learnt?

September 2007 was the month that many people began to be aware of the credit crisis that tipped the global economy into recession.

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A third of Moneywise users more worried about finances now than a decade ago

It’s been 10 years since the credit crunch, but over a third (36%) of Moneywise.co.uk users feel more worried about their finances now than a decade ago, according to our latest poll results.

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Credit crunch 10 years on: Seven ways that 2017 differs from 2007

The past decade since the financial crisis has seen the landscape for savers and investors change monumentally.

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Credit crunch 10 years on: Are you financially prepared for another economic crisis?

A decade on from the financial crisis and millions of people are still suffering from the consequences.

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Has being a 'deal tart' ruined my credit rating?

Having access to credit via credit or store cards and managing those lines of credit well will actually help improve your credit rating.

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Banks must ring-fence retail and investment arms

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

Banking bosses are as much to blame for the downfall of some of the UK’s biggest financial institutions as the bonus culture that fuelled a “lethal combination of reckless and excessive risk-taking”.
 

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Greedy bankers blamed for meltdown

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

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

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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