Credit crunch survival guide

How do we know when we are in recession and how can we learn from the recessions of the past? (Image © Lewis Whyld/PA Photos)What can we learn from previous recessions?

The credit crunch has put the UK at serious risk of recession. But this is not the first time the UK economy has suffered: the shock, hardship and dented confidence of past recessions is still raw for those who were affected.

Shoppers pass a sale sign in a shop window (Image © PA Photos)Thrift calculator

Those daily incidental costs can add up to an awful lot over the course of a year. Use our calculator to work out how much you could save simply by cutting back on simple luxuries.

Is the UK economy going back to the 70s? (Image © Getty Images)History repeats

Near collapses in the banking industry, soaring inflation, rocketing oil prices and an unpopular first-term PM - it all sounds very familiar – but is the credit crunch really forcing Brown’s Britain back to the 70s?

Elsewhere on MSN

The Foundation for Credit Counselling, based in Leeds, is the umbrella charity for the Consumer Credit Counselling Service (Image © PA Photos)Consumer Credit Counselling Service

Through its free national telephone service, ten regional centres and online Debt Remedy, CCCS is able to help people with debt problems wherever they live.

Is it time to start cutting your debt? (Image © Microsoft)Debt solutions

Find out ways to lower your debt burden with over 250 debt solutions, debt consolidation loans, and debt management plans.

Ask our experts your taxing money questions (Image © Microsoft)Ask the Experts

Got a money problem? Trapped by debt? Then ask our well-seasoned experts for quality financial advice for free. Submit questions on anything, from investing to mortgages and current accounts - they'll always have a helpful answer.

advertisement

Sign up for the MSN Money Newsletter

money consumer creditcrunchsurvivalguide default
en-gb

Credit crunch poll

  1. How could the government help consumers?

Vote to see results

Click here to see results without voting

  1. How could the government help consumers?
    1. Cut the fuel tax
      67%
    2. Reform stamp duty
      11%
    3. Subsidise food costs
      17%
    4. Assistance for childcare
      5%
5051 responses, not scientifically valid, results updated every minute.