By Professor Nick Bosanquet The recession is a product crunch – it confirms and intensifies the end of a twenty year product cycle. In the past decade a number of US icons have seen a fall in shareholder value. Microsoft,...

Imagine a society where someone couldn't sell "credit crunch" chocolates like the ones brought to my office by a very kind person recently. For no state-planned society would ever invest in so frivolous or timely a product. Opportunity, idea, manufacture, sale: everything throws up opportunities, and it is an individual's desire to profit from these which drives wealth up and society forward, as w...

Credit unions have a vital role to play in time of a credit crunch, experts said yesterday.

According to the BBPA, the pub industry is the latest victim of the credit crunch.DRINKERS are saving pounds by cutting down on visits to the pub in favour of enjoying their favourite tipple at home.A visit to the local has become the latest victim of the credit crunch, according to the Quarterly Beer Barometer from the British Beer and Pub Association.Blaming things on the credit crunch seems to ...

SCOTLAND'S "year of homecoming" may prove vital in helping the nation beat the impact of the credit crunch and global financial uncertainty, the First Minister sai

It's not a credit crunch, it's just rent-seeking: The credit crunch is not nearly as severe as the U.S. authorities appear to believe and public data actually suggest world credit markets are functioning remarkably well, a report released on Thursday says. As a result, governments are pumping masses of public money into the economy across the world because of the difficulties of a few big, vocal b...

The current economic crisis is a product of feeble political leadership and the hollowing out of Western economies.

I have been away on work in the states for the last week, so I had a shed load of mail to open today. Nothing major, but one thing that did make me laugh, is the amount of credit I was offered. Credit cards, loans, car finance, you name it, I was eligible and invited to join. Yet banks with centuries of history won't lend each other a bean, hence the massive theft of taxpayers money, to let b...

Sir Bonar writesSince I’ve been asked this month to address a couple of issues in our staff newsletter Saturn I thought I might share my answers with the readers of Ideal Government. You might find it in some small way instructive of what goes on inside the Whitehall machine. First we had a question about the global credit crunch and how it would affect our futures. The credit crunch is a fi...

Peter Mandelson is to meet credit card bosses to demand that they do more to help people struggling with debt in the credit crunch.