|   FM Home  |   FM Forum  |   FM News  |   FM Blog  |  

Go Back   Finance & Money Forums > Finance > Economy



FAQ Members List Calendar Search Today's Posts Mark Forums Read

Economy Discussion of the UK economy and economic news.

Reply
 
Thread Tools
  #1 (permalink)  
Old 10-17-2009, 02:12 PM
Finance News's Avatar
Senior Member
 
Join Date: Sep 2007
Posts: 3,713
Post Ongoing credit crunch forces unnecessary bankruptcies

Potentially successful businesses are being forced into bankruptcy because they can’t get access to credit, an industry expert has claimed.Commenting on research by UHY Hacker Young and Trowers & Hamlins that found a rising number of firms facing financial difficulties, David Molian, lecturer in entrepreneurship at the Cranfield School of Management, said restrictions on lending [...]

More: Ongoing credit crunch forces unnecessary bankruptcies
Reply With Quote
  #2 (permalink)  
Old 10-27-2009, 02:36 PM
Junior Member
 
Join Date: Oct 2009
Location: Manchester
Posts: 6
Default Re: Ongoing credit crunch forces unnecessary bankruptcies

Wasn't the whole point of QE (Quantitive Easing) to increase the flow of cash within our economy so that banks can increase lending to business. If QE is not working were is all the money going?
Reply With Quote
  #3 (permalink)  
Old 11-11-2009, 09:39 AM
brian's Avatar
Administrator
 
Join Date: Mar 2006
Posts: 811
Default Re: Ongoing credit crunch forces unnecessary bankruptcies

Banks are just hoarding it - because the government told them to hoard cash!
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Credit crunch fails to dampen 0% credit Finance News Credit Cards 0 05-27-2009 07:21 PM
Over-50s worried about credit crunch affecting their investments Finance News Pensions 0 06-17-2008 12:00 PM
Credit crunch week launched for small businesses Finance News Economy 0 04-14-2008 11:35 AM
Avoiding UK Credit Card Fees – Some Tips SavingsFriend Credit Cards 0 08-09-2007 03:12 AM


All times are GMT +1. The time now is 11:11 AM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.1.0

© 2005-2011 Finance Markets. All rights reserved  |  About  |  Disclaimer  |  Resources  |  XML Feed  |  Contact us