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credit crunch

April 15, 2015

Rewriting history and our Election campaign

Many dramas are based on a true story. I never thought I’d see a General Election based on fiction.
March 2, 2012

German Protestant leader says Greece needs growth plan to avoid collapse

The leader of Germany's Protestants says Greece faces economic collapse if current policies to cut debt are not offset by long-term debt relief and investment.
January 31, 2012

Austerity measures are hitting the British economy

Austerity measures are damaging the economy in Britain, Italy and Spain, warned Nobel Prize-winning economist Paul Krugman.
January 12, 2012

Co-op members outnumber shareholders, outperform UK economy

Membership of co-operatives outnumbers shareholders in the UK, and co-ops have outperformed the UK economy since the credit crunch.
August 22, 2011

Making finance ethical and sustainable

Many economic commentators, and those working in banking and finance, thought that the worst of the global economic recession had gone away. They were wrong. It looks to be back with a vengeance.
August 1, 2011

US deficit deal set to hit the vulnerable and protect the rich

The world's largest debtor nation, the United States, is set for a deficit ceiling deal which will result in cuts hitting some of the most vulnerable.
October 4, 2010

Huge bank funding gap demands radical economic alternatives, says NEF

The New Economics Foundation says Britain faces further economic chaos as banks come to terms with a £25 billion funding gap in 2011.
June 24, 2010

Leading analysts say Budget is risky as well regressive

The UK coalition government has been left on the back foot in defending its emergency budget after established analysts proclaimed its social impact regressive and its economic approach flawed.
June 22, 2010

Digging ourselves into further recession?

In the run-up to the government's 'emergency budget', the overwhelming political consensus, parroted each day by the BBC’s economic correspondents, is that ’balancing the budget’ and ’slashing the deficit’ is now a national priority.
May 27, 2010

Kirk announces major commission on economy and ethics

The Church of Scotland has announced the members of its new Commission on the Purposes of Economic Activity, which will take two years exploring basic ethical and moral questions.