[Margaret Pilkington]

The main problem is that we, as a country have no savings......when Gordon was Chancellor he said there would be no more boom and bust....he believed his own spin so much that he thought he could sell the family silver.....and look where it has got us.

I know the financial situation is of worldwide dimensions, but surely that was because a lot of the money markets were based here........when the banks in the US sneezed, all the financial organisations were affected by the lack of confidence in British money markets.

The media then 'talked down' sterling, finance and british business, any efforts made to rectify the situation were too little and far too late.