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The Credit Crunch Hits My Hairdresser

The credit crunch is biting for many of us.

From the major subprime losses reported by the banks, to the investment bankers losing their spouses, to the city traders who no longer enjoy their love life, times are bad.

Outside the City we also see the issues, from soaring energy prices and inflationary pressures through to the collapse of the housing market and redundancies. But there are a few other stories that may not have been reported, which I personally found of interest.

Read more …

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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