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John Redwood MP digests the credit crunch

6a00d83451b31c69e20120a6a5d4a8970b-800wi "Credit Crunch - The anatomy of a crisis" (PDF)

Author: John Redwood MP

Publication Date: 9 October 2009

John Redwood argues that the banking crisis in the UK was primarily a home grown crisis. Redwood claims that the credit boom under Labour was built on a false economy rather than real,sustainable growth. Redwood calls for the state-owned banks to be split up into smaller institutions and for the Bank of England to assume regulatory powers over the UK economy.


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