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How the economic crisis is affecting you How the economic crisis is affecting you
(40 minutes later)
To what extent is the world financial crisis having an impact on the average person? We travelled around the UK to meet those who are feeling the pinch.To what extent is the world financial crisis having an impact on the average person? We travelled around the UK to meet those who are feeling the pinch.
THE ROOFING COMPANY OWNERTHE ROOFING COMPANY OWNER
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Steve Harrison Steve Harrison explains how the financial crisis has left him in debt
Steve Harrison has owned and run Redmarsh Timber and Roofing supplies in Blackpool for the last 27 years.Steve Harrison has owned and run Redmarsh Timber and Roofing supplies in Blackpool for the last 27 years.
The current economic climate has hit his company hard, forcing him to stop his own pay to cover wages.The current economic climate has hit his company hard, forcing him to stop his own pay to cover wages.
THE MARKETING EXECUTIVETHE MARKETING EXECUTIVE
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Christine Wah Christine Wah is facing the task of rebuilding her career
Christine Wah, a marketing executive from Watford, spent eight years working her way up the ladder in the new-build construction industry.Christine Wah, a marketing executive from Watford, spent eight years working her way up the ladder in the new-build construction industry.
Earlier this year, thanks to the collapse in the property market, she was made redundant.Earlier this year, thanks to the collapse in the property market, she was made redundant.
THE HOMEOWNER
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Catriona Staine-Urquart tells how she has been left with two homes
Catriona Staine-Urquart from Edinburgh has been forced to let out the new house she had committed to buy under the Scottish system, as she has been unable to sell her current property.
She has also been hit hard by the collapse in the price of Royal Bank of Scotland shares.
THE BUILDERTHE BUILDER
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Gordon Barr tells how the economic climate affected his businessGordon Barr tells how the economic climate affected his business
Gordon Barr, from East Sussex, was the managing director of a small company in the building trade.Gordon Barr, from East Sussex, was the managing director of a small company in the building trade.
After being left in difficulties by the failure of clients to pay their bills, the bank withdrew the company's overdraft. The business was forced into liquidation in June.After being left in difficulties by the failure of clients to pay their bills, the bank withdrew the company's overdraft. The business was forced into liquidation in June.