is britain heading for a great depression

Is Britain heading for a Great Depression

Credit card companies are cutting the borrowing limits of thousands of their customers; one of the latest repercussions of the financial crisis which is gripping the global economy.
A man watches a screen showing the FTSE 100 plummeting, West London
Are we heading for a Great Depression?

On Monday, £51 billion was wiped off the value of Britain’s top companies and the pound suffered its worst one-day fall since Black Wednesday in 1992.

Is Britain heading for a Great Depression? Are you depressed about the economy?

Do you worry that your mortgage repayments are going to soar? Or are you concerned about tumbling share prices damaging your pension fund?

Or is it the stories of impending financial doom that get you down? Do you think that the credit crunch will affect large corporations and wealthy investors rather than ordinary people?

Is the turmoil in the financial markets the most depressing thing about Britain at the moment or is something else making you more miserable?