Tag Archives: credit crunch

How much is that doggy in the window? A reflection on the Crash of 2007

Posted by on Thursday, February 16, 2012

Chris Bentley graduated from his MBA at Bradford University School of Management in 2006 and joined Holidaybreak plc, where he is now Head of Corporate Development. He has supported the company’s strategic development, leading the Group’s merger and acquisition activities. He also chairs the company’s Adventure Travel Division, and works with business units on the… Read More »

Will UK corporate lending improve in 2011?

Posted by on Monday, December 20, 2010

One of the many interesting new things that I have done in 2010 is to talk to local business associations over the year about the outlook for business credit following the credit crunch.  This started with the Ilkley Business Forum back in January and now, nearly 12 months on and with the Bank of England’s… Read More »

General election – Prudence back in the economy?

Posted by on Friday, March 26, 2010

Prudence was a lovely girl, much beloved by the sombre Gordon Brown. But when it came to the electorate dear lovely Prudence didn’t set the pulse racing. You see Prudence liked to save, Prudence liked to tax and Prudence thought it better to pay off debt rather than take on more. Prudence was not the… Read More »

Welcome to Confused.co.uk

Posted by on Friday, February 26, 2010

There is so much chaff in economic data and opinion these days, it is difficult to know what to think. First we were told that the UK economy barely limped out of recession in the final quarter of 2009. 0.1% growth in GDP made for an annualised rate of growth of 0.4%. With such weak… Read More »

What bankers need – moral compass not fat pockets

Posted by on Friday, February 5, 2010

Banking bonuses were a hot topic at the World Economic Forum in Davos last week – but all they highlighted is that little has been learnt or changed in the world of banking. George Soros told the BBC‘s Robert Peston that the payment of bonuses by banks from 2009 profits is wrong, as the profits… Read More »

The thaw may have begun….

Posted by on Monday, January 25, 2010

…..but we are still in deep winter. Data out tomorrow (Tuesday 26 January 2010) is likely to show that the UK has finally emerged from recession. However, the economy is so battered and bruised that any return to normality is a long way off. The Office for National Statistics will release its estimate for economic… Read More »

Debt is hanging around the necks of households

Posted by on Monday, January 11, 2010

Debt is hanging around the necks of households, like Christmas cake on the hips. Spanish researchers* have recently confirmed the existence of a long-run relationship between house prices and home loans, a so-called co-integrating relationship. Nothing particularly startling in that result. But dig a little more into the results and a more troublesome finding can… Read More »