Financial turmoil hits home

(02:15) Report

Sep 19 - Events of the past week in the markets move a step closer to home for many consumers in terms of job security and personal finance.

This week marks the one-year anniversary of the Northern Rock crisis which caused severe embrassment to Britain's government and led to the troubled mortgage lender being nationalised.

Midweek - in an echo of that event - Britain's Lloyds TSB sealed a rescue takeover of Halifax Bank of Scotland. But personal counsellors report that the mood of the consumer has changed significantly.

Hayley Platt reports.

Featured Videos

Add To Playlist
0
(00:53) Rough Cut
Top News
Embed this channel:

Politics
Embed this channel:

Entertainment
Embed this channel:

Oddly Enough
Embed this channel:

Business
Embed this channel:

Credit Crisis
Embed this channel:

Technology
Embed this channel:

Lifestyle
Embed this channel:

Environment
Embed this channel:

Most Popular
Embed this channel:

Most Recent
Embed this channel: