Jobs in the finance market at risk
Posted on March 31st, 2008 by Michael
If you work in the financial industry then your job maybe at risk according to the CBI.
Due to the credit crisis , which some believe is the worst financial crisis since the 2nd world war, 10,000 jobs could be under threat because of worsening conditions from the financial sector which includes banks, building societies and insurance companies.
Problems stemmed from the Us housing market where huge losses were made on mortgages. Even though the Federal Reserve and the Bank of England have injected billions into the finance market the crisis is still expected to continue for many months
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