A year ago, US bank Bear Stearns was beginning to crumble and make the headlines. Now, UK companies are planning on cutting 440,000 jobs in the next two years, according to Capital Economics.
But it's not all doom and gloom - we've sifted through the detail to bring you a balance of the good news, and the bad news, for homeowners today.
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Read 'Our take on the good and bad news for homeowners'
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