Credit crunch bites in Bury
THE credit crunch has well and truly bitten in Bury, with three people asking for debt advice every hour, according to figures out this week.
Recent reports have shown that the Bradford & Bingley has become the latest financial victim of the global credit crunch, as its pre-tax losses, and rumours over money problems, sent shares plummeting in a similar vein to that seen with the now nationalised Northern Rock last year.