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Credit Crunch

Also known as a "liquidity crisis" or a "credit squeeze", the banks won't or can't lend. Investors can't or won't buy debts. Suddenly it's very difficult to borrow money. There is a lack of easy money. Consumers and businesses have less to spend. There could be serious ramifications for an economy.

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Older Stories

Monday29-Sep

• Global Financial Armagedon - Don't forget why we are here. (2)

Sunday28-Sep

• Website traffic, and thank you to visitors. (0)

Thursday18-Sep

• The legal definition of money, (0)
• Gordon Brown today anounced he would take measures to prevent future Booms and Busts.... again.... (0)

Wednesday17-Sep

• Please contact BBC - Panorama, to help with their Lehman Brothers Special. (0)

Tuesday16-Sep

• Collapse of the global banking system imminent. (2)
• Government Launches Rescue Package for Builder Companies (4)

Friday29-Aug

• Darling admits he had no idea how serious the credit crunch would become. (0)

Thursday28-Aug

• House prices crash by 10.5% in just one year - faster than the crash in the 1990's (4)

Saturday23-Aug

• New builds crash to £40,000 in Southampton - thrashing out a path for the rest of the UK (3)