Credit crunch claims UK jobs

The credit crunch looked to have claimed around 160 UK jobs today after the closure of a sub-prime lender was announced.

Credit crunch claims UK jobs
Wed, 13 Feb, 2008 - 19:00

The credit crunch looked to have claimed around 160 UK jobs today after the closure of a sub-prime lender was announced.

US bank Morgan Stanley said it was shutting its Cheshire-based Advantage Home Loans business due to the “continued deterioration” of the mortgage business.

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