Sharoe Green takes a back seat for the time being!
It has been impossible to escape from the topic that has ruled the media headlines in the last year, the Financial Crisis that has the global markets in turmoil. After the near collapse of Northern Rock, prompted by the biggest run on a British bank in more than a century, it became clear that crisis would affect businesses very close to home. Even now, we do not seem to be closer to seeing the end of the downturn, and the affects of the credit crunch are being felt in every household.
Preston, like any other city, is feeling the effects of the financial crisis in every way conceivable. As my beat is Business and Commerce, it was obvious that the crisis would be the focal point for almost all of my reporting throughout the year. Therefore, I plan to use the blog as a way of expressing my thoughts on the Credit crunch, and the affects it is having on Preston and the surrounding area. Keep posted!
Chris Terris Taylor
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