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Credit Crunch

You are in: Coventry and Warwickshire > Credit Crunch > The Crunch in Cash's Lane

The Crunch in Cash's Lane

Find out more about some of the people who live and work in Cash's Lane, Coventry - and find out how the Credit Crunch is affecting their lives.

Cash's Lane sign

Below, you can find a snapshot of Cash's Lane - featuring profiles of people who live and work there.

BBC Coventry & Warwickshire's Sian Grzeszczyk also interviewed them about how they are finding life during the credit crunch and how a possible recession may affect them further.

From Monday, 20 October, you can hear stories and interviews with the people of Cash's Lane on BBC Coventry & Warwickshire - and they will then be included on this page...

Jason's profile

The small business

We visited Cash's Business Centre and the company Acme Care Ltd - a place that cares for 24 people a week across Coventry.

We spoke to both Edna and Jason about how the credit crunch is affecting their business.

They've had to downsize as a result of the credit crunch and it has been tough on the staff.

Mohammed's profile

The analytical chemist

Mohammed has lived on Cash's Lane since 2005. The economic recession worries him - especially since he lost his job two years ago and hasnt been able to find a new one.

He is currently living off savings and cant get any benefits. He used to be an analytical chemist and has had to cut back on what he spends his money on.

His personal savings are going down and he is currently teaching IT voluntarily - something he would like to persue as a career.

Caroline's profile

A single mum

Caroline is a recent addition to Cash's Lane. She's a single mum and lives with her two daughters and son.

They are currently struggling and are concerned about what a recession might mean for her family. Her dream situation would be to open her own coffee shop, which she would run with her daughter.

Irene's profile

Ex-Cash's Lane worker

Irene used to live and work on Cash's Lane. She, along with her father and aunt, worked at the Cash's weaving factory.

Irene has many photos of the factory over the years - including those of Colonel Cash - and also bookmarks and nametags that they produced.

Alec and Gerty's profile

Long-term residents

Alec and Gerty have lived on Cash's Lane for 60-years - and they are about to celebrate their 68th wedding anniversary. They have lived in Coventry all of their lives and used to work as printers.

Val's profile

Former taxi driver

Val lives on Cash's Lane and used to be a taxi driver, but she has been sick for the past two years with thyroid problems and diabetes. She that with the credit crucnh it's like going back in time - with not being able to afford necessities with high shopping bills and the basics.

Roger's profile

The second small business

At 10 Cash's Lane is Coventry Form Tools. They manufacture and repair hook and loop cutter blades for companies in Britain and worldwide and also tips for machine tools.

It is run by Ray and Roger and has been in existence for 46 years. They have considered cutting down to a 4-day week and the past few months have been difficult. Business has been mixed, but they are hoping to be safe until Christmas at least.

last updated: 24/10/2008 at 16:03
created: 20/10/2008

You are in: Coventry and Warwickshire > Credit Crunch > The Crunch in Cash's Lane

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