Business. It affects us all, doesn't it? Well yes, especially in these testing economic times, not just here in Britain, but across the world. Just take a step outside to buy a (quality) newspaper and see what the headline is. Or, if you haven't the time, visit the BBC website. I guarantee one of the main stories will be on something like falling house prices, job cuts or the banking crisis sweeping the globe.
You've no doubt read in newspapers or seen on television the impact of the global economic slowdown resulting in the bankruptcy of Lehman Bros, the nationalisation of both Northern Rock and Bradford & Bingley and the constant yo-yoing of the markets from the Hang Seng to the Dax.
But how is this affecting you in the North West? If you've been like the Stig in recent months in thinking the "Credit Crunch" is a form of breakfast cereal then I'm afraid you're sadly mistaken. The money trees that have provided banks with money to lend to British people during the last 14 or so years of economic growth have rapidly lost their leaves early this autumn, leaving the banking industry in turmoil and the public finding credit and mortgages hard to get, through no fault of their own.
This turmoil has left even the experts wondering, what's next? The answer is who knows what the financial storm will bring next, but the forecast doesn't look too bright. I'm no Sir Alan Sugar, nor in fact am I an apprentice, but I hope you find my business blog an interesting read over the coming weeks.
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