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  • #1

    Fears of new credit crunch as Bank of England warns UK banks are struggling to raise funds

    Fears of new credit crunch as Bank of England warns UK banks are struggling to raise funds

    This is a duplicate of the Blog Entry made on 17th November 2011 12:09.

    Fears of a further credit crunch intensified last night after a stark warning that British banks are struggling to raise money for loans to...

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    Tags: bank, bank of england, banks, benefits, british, carers, cleaners, consumer, credit, debt, england, fund, funds, jobs, loans, money, november, paper, people, rac, size, staff, tesco, warning, zero hour
  • #2
    Re: Fears of new credit crunch as Bank of England warns UK banks are struggling to raise funds

    "Tumbling back into recession"? When did we climb out of it?.... I must have blinked and missed it....
    Remember the mantra:
    NEVER communicate by 'phone.
    Send EVERYTHING by Recorded/Special Delivery
    Keep a copy of EVERYTHING sent
    Keep hold of EVERYTHING received
    PriorityOne & CPUTR 2008 (ex P1 CAG CPUTR 2008)

    I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

    If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

    Comment

    • #3
      Re: Fears of new credit crunch as Bank of England warns UK banks are struggling to raise funds

      P1,

      For the consumer you are right nothing has changed since the 2007 recession and it is about to be worse.

      In our local paper THE NEWS pre 2007 there used to be 25/30 pages of jobs real jobs btw now we are lucky to see 4/5 pages and most of them are either cleaners/carers or non jobs.

      That says it all, a sad reflection
      Last edited by pompeyfaith; 17 November 2011, 11:56.

      Comment

      • #4
        Re: Fears of new credit crunch as Bank of England warns UK banks are struggling to raise funds

        Originally posted by pompeyfaith View Post
        P1,

        For the consumer you are right nothing has changed since the 2007 recession and it is about to be worse.

        I don't know how people are going to get through this....

        What a friggin' mess!!
        Remember the mantra:
        NEVER communicate by 'phone.
        Send EVERYTHING by Recorded/Special Delivery
        Keep a copy of EVERYTHING sent
        Keep hold of EVERYTHING received
        PriorityOne & CPUTR 2008 (ex P1 CAG CPUTR 2008)

        I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

        If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

        Comment

        • #5
          Re: Fears of new credit crunch as Bank of England warns UK banks are struggling to raise funds

          Originally posted by pompeyfaith View Post
          P1,

          For the consumer you are right nothing has changed since the 2007 recession and it is about to be worse.

          In our local paper THE NEWS pre 2007 there used to be 25/30 pages of jobs real jobs btw now we are lucky to see 4/5 pages and most of them are either cleaners/carers or non jobs.

          That says it all, a sad reflection
          Jobs in my area don't even cover half a page Pompey.... and at the local Tesco, queues for casual staff were snaking round the corner! People then had to go through ridiculous X-Factor style interviews for zero hour contracts....

          Not worth b*ggering up your Benefits for (IMO).
          Remember the mantra:
          NEVER communicate by 'phone.
          Send EVERYTHING by Recorded/Special Delivery
          Keep a copy of EVERYTHING sent
          Keep hold of EVERYTHING received
          PriorityOne & CPUTR 2008 (ex P1 CAG CPUTR 2008)

          I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

          If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

          Comment

          • #6
            Re: Fears of new credit crunch as Bank of England warns UK banks are struggling to raise funds

            lucky - ours was 5 page down 1 page the last 2 years
            I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

            If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

            Comment

            • #7
              Re: Fears of new credit crunch as Bank of England warns UK banks are struggling to raise funds

              5corpio,

              Indeed, local statistics tell a lot.

              Comment

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