Backs to the Wall Street - The Crucial 72 Hours
I can only imagine the potentially dramatic events that might unfold on Monday if the global financial system is allowed to enter meltdown…
read more...»Playboy bunnies feeling the financial squeeze
You know the credit crunch is really starting to bite when news comes through about potential redundancies in the Playboy empire…
read more...»Lining up a Buyer for Bradford & Bingley
The share price of “buy-to-let” mortgage specialist Bradford & Bingley has benefitted in the last two days from the ban on short-selling. However, it is being reported that the FSA is approaching potential buyers of the business in case the B&B becomes the next casualty of the credit crunch…
read more...»Next up - Credit Crunch Part 2
Just when you thought things couldn’t get any worse, the world’s leading credit rating agency is predicting things are about to get tougher still for the world’s banks…
read more...»Meltdown Monday - The Nightmare Continues
What are we to make of the sensational developments in the global financial markets today? The collapse of Lehman Brothers; the firesale of Merrill Lynch; the speculation that global insurance giant AIG is next on the chopping block. Monday 15 September 2008 was truly a significant day in business history, but I just have a feeling that the worst is yet to come.
read more...»In cod we trust - battered chippies are beating the credit crunch
In recent weeks we have seen evidence that fast-food outlets are benefitting from the fall in consumer confidence. Now it appears that even the traditional fish & chip shop (long thought to be in the decline phase of the product life cycle) is enjoying a new period of sales growth…
read more...»High Street gloom is not shared by charity shops
According to the Charity Shops Survey 2008, charity shops in the UK seem to have beaten the economic slowdown as shoppers look for value away from the traditional High Street chains. The profits of the top charity shops rose 7.4% to a total of £106.7m over the past year.
read more...»Wanna job? Get down to McDonalds
Two contrasting stories about the employment market recently illustrate really well how different businesses are coping in the economic downturn…
read more...»Carry on camping to counter the credit crunch
Nights under canvas in crowded camp sites are the recipe that more British holidaymakers are choosing as their preference for summer 2008…
read more...»Comfort eating to beat the credit crunch
Cadbury’s are benefitting from stonger sales of chocolate treats as consumers turn to their favourite comfort food to help handle the credit crunch…
read more...»Credit Crunch - will you stay loyal to your favourite shops?
The sound of consumer purses (and wallets) tightening is being heard around the UK as recession looms. A survey from Verdict suggests that one casualty of the downturn will be customer loyalty.
read more...»Travel companies face the perfect storm
A combination of a the credit crunch and a weak pound against the euro is leading many in the travel industry to predict a summer of business collapses amongst tour operators.
read more...»Capacity utilisation in focus as the credit crunch tightens
Every day brings bad economic and business news from the US economy as the implications of the credit crunch take effect. Here is an example of a major manufacturing business taking pre-emptive action to reduce capacity in the face of falling sales.
read more...»
