Financial crisis
Why economic crash could cost more lives than coronavirus

Why economic crash could cost more lives than coronavirus
Experts are predicted a global downturn ‘at least as bad’ as the 2008 crisis - and possibly worse
25 Mar 2020
Could junk debt lead to a new subprime-style meltdown?

Could junk debt lead to a new subprime-style meltdown?
Bank of England sparks concern among central banks after revealing the size of the global risky loan market
21 Jan 2019
Harry Leslie Smith: left-wing activist dies aged 95

Harry Leslie Smith: left-wing activist dies aged 95
Admirers of tireless anti-austerity campaigner flood Twitter with #IStandWithHarry hashtag
28 Nov 2018
UK economy ‘heading for worst year since financial crisis’

UK economy ‘heading for worst year since financial crisis’
Economists downgrade GDP growth forecasts due to Brexit uncertainty and sluggish consumer purchasing power
15 Oct 2018
Europe’s biggest banks fined for money laundering 

Europe’s biggest banks fined for money laundering
All five of the UK’s largest banks have been sanctioned for money laundering offences within the last decade
10 Oct 2018
Why average wage may not double for a century

Why average wage may not double for a century
New report says ‘dismal productivity’ following the financial crisis has halved wage growth in UK
9 Oct 2018
Financial crash anniversary: how the world has changed 

Financial crash anniversary: how the world has changed
The Week looks at the lasting economic, political and social consequences of the 2008 crisis
14 Sep 2018

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Are we sleepwalking into another financial crisis?

Are we sleepwalking into another financial crisis?
Former PM Gordon Brown warns that problems surrounding the 2008 crash remain unresolved
13 Sep 2018
Labour: Lehman Brothers’ 10-year reunion party ‘sickening’ 

Labour: Lehman Brothers’ 10-year reunion party ‘sickening’
Staff to hold cocktail and canapé get-together a decade after bank collapse sparked economic crisis
21 Aug 2018
Two-thirds of Brits still don’t trust banks

Two-thirds of Brits still don’t trust banks
Ten years on from the financial crisis, survey finds trust for banking system in short supply
17 Aug 2018
UK economy set for worst year since financial crisis

UK economy set for worst year since financial crisis
Business group predicts lacklustre consumer spending, business investment and trade war will hit growth
19 Jun 2018
ECB to end stimulus programme by year’s end

ECB to end stimulus programme by year’s end
European central bank to ease back on quantitative easing measures but continue to keep rates
15 Jun 2018
Barclays’ Qatar bailout charges dismissed

Barclays’ Qatar bailout charges dismissed
Serious charges thrown out, in a ‘major setback’ for the Serious Fraud Office
22 May 2018
RBS set for biggest privatisation in UK history

RBS set for biggest privatisation in UK history
US regulators impose $4.9bn penalty and pave way for Government to sell its 70% stake
11 May 2018
Davos: China promises bank rescue to avert financial crisis

Davos: China promises bank rescue to avert financial crisis
Lessons learned from Lehman collapse prompt ‘blanket guarantee no major institution will be allowed to fail’
24 Jan 2018
Global financial system facing ‘perfect storm’

Global financial system facing ‘perfect storm’
Senior OECD banker says the financial system now more dangerous than in 2008
23 Jan 2018
RBS memo to ‘let customers hang themselves’ sparks fury

RBS memo to ‘let customers hang themselves’ sparks fury
Ex-MP says callous banking tactics following 2008 crash drove small business owners to suicide
18 Jan 2018
Link between recession and mental health problems explained

Link between recession and mental health problems explained
Financial crisis of 2008 led to rising unemployment, homelessness and poverty, says British Medical Journal
7 Sep 2016
Argentina's debt default: why does it matter?

Argentina's debt default: why does it matter?
Described as a battle between 'vultures' and the people, Argentina's debt default could have serious consequences
31 Jul 2014
Barings rogue trader Nick Leeson lands insolvency job

Barings rogue trader Nick Leeson lands insolvency job
Ex-banker who lost £827 million and caused the Queen's bank to collapse now advising those in debt
8 Apr 2013
CYPRUS: Why Russia is angry about bank levy

CYPRUS: Why Russia is angry about bank levy
Ordinary Cypriots are sympathetic to the Russians, who have boosted economy during the recession
19 Mar 2013