Blog posts tagged "Recession"

November 15, 2011 9:22 am 18 Comments

Amid warnings that banks are now ‘too big to save’, and signs of a tug-of-war in Europe, perhaps the crashing of banks is what we can now see on our Christmas horizons.

January 26, 2010 9:23 am 56 Comments

There is a disconnect among members of the public in this country which represents a very serious challenge to what we understand as democracy, blogs Jon Snow.

October 22, 2009 2:35 pm 11 Comments

Channel 4 News presenter Jon Snow says he is not surprised to read the Bank of England governor Mervyn King and Gordon Brown have different views about breaking up the mega-banks.

September 18, 2009 7:25 pm No Comments

This comes to you from the Pontignano conference which brings together British and Italian politicians, business, media, and the rest to debate the issues of the day. We are gathered in the amazing British Embassy residence – a positively palace like establishment with palm strewn lawns, a first century aqua duct, English roses, a butler, [...]

July 2, 2009 11:32 am 12 Comments

I awaken to find a note in my inbox declaring that the government is to lay out plans for dealing with Britain’s credit card disaster. It is in many ways the least mentioned and most unaddressed financial cancer at the heart of the present financial crisis. UK resident currently owe over £230bn on their credit [...]

June 29, 2009 4:56 pm No Comments

A New York judge has sentenced Bernie Madoff to 150 years – a verdict that will bring joy to many but relief to very few. He is likely to take the innermost secrets of his Ponzi scheme, in which he defrauded $65bn out of his investors, to the grave. So how many more will follow [...]

June 11, 2009 6:57 pm 26 Comments

How can it be that this far into Britain’s financial crisis, yet another building society is in trouble? Tonight the West Bromwich Building Society’s future hangs in the balance as it fights to find extra financial resources to keep going.

June 9, 2009 10:25 am 13 Comments

So to policy now that the personality of the prime minister has, for the time being, been parked. So what to expect? Mostly obviously, I guess, we look to proposed changes in Post Office ownership, now to be kicked into the long grass. A possible end, too, for the ID scheme (estimated cost: £5bn), and [...]

May 13, 2009 11:39 am No Comments

The juxtaposition of the huge surge in unemployment with the latest revelations of parliamentary sleaze concentrate the mind no end. According to one of my well-informed sources, David Cameron’s greatest fear about this continuing crisis is that a credible group of people will come forward and form some sort of party that will contest the [...]

May 8, 2009 8:54 am No Comments

I discovered this week our 13th pregnancy in a year. Yes, from a staff of little over 100, 13 of the women workers on Channel 4 News are either expecting or have just delivered babies. Six of the men workers have fathered or are expecting their partners to deliver babies… 19 out of 100 in [...]