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Crunch Creep

10:40 UK time, Thursday, 31 July 2008

Strange, tangential and sometimes frankly spurious events laid at the door of the credit crunch.

  • Cadbury's profits up 46% in the first half of 2008. "No matter how bleak economies look, people always go for treats and that's why we have seen no real slowdown," said Cadbury's chief executive, Todd Stitzer. More details (the Guardian)
  • An historic fee-paying girls' school faces closure. A spokesman for the administrators said: "Given the current economic climate, linked with a short-term fall in pupil numbers and limited availability of funding, the board of governors took the decision to place Wentworth Milton Mount Ltd into administration."
    More details (the Times)
  • Companies are having to show they care about the environment and the social impact of what they do.
    More details (the Times)
  • Police numbers are down in the London Borough of Hounslow.
    More details (Hounslow Chronicle)

    More unlikely byproducts of credit crunch.

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