UK - London - Recession business window

Smeared emulsion and commercial paper stuck to a window of an East Dulwich newagents, a victim of the UK recession. Around a recession-bled Britain, high-street businesses have been going bust in their thousands. Britain has now endured eight recessions since the Second World War. No two recessions are alike, and that applies to the current slowdown also. It has been caused by a shock to the availability of credit, a massive build up of debt. The number of people out of work currently stands at almost two million. Given the rate at which the economy is deteriorating this could easily be above three million. From a continuing piece of work about windows and urban messages, the picture is from the project of closed business windows: 'Bust - the Art of Recession'. (Photo by In Pictures Ltd./Corbis via Getty Images)
Smeared emulsion and commercial paper stuck to a window of an East Dulwich newagents, a victim of the UK recession. Around a recession-bled Britain, high-street businesses have been going bust in their thousands. Britain has now endured eight recessions since the Second World War. No two recessions are alike, and that applies to the current slowdown also. It has been caused by a shock to the availability of credit, a massive build up of debt. The number of people out of work currently stands at almost two million. Given the rate at which the economy is deteriorating this could easily be above three million. From a continuing piece of work about windows and urban messages, the picture is from the project of closed business windows: 'Bust - the Art of Recession'. (Photo by In Pictures Ltd./Corbis via Getty Images)
UK - London - Recession business window
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Credit:
Richard Baker / Contributor
Editorial #:
527462746
Collection:
Corbis Historical
Date created:
13 March, 2009
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Licence type:
Release info:
Not released. More information
Source:
Corbis Historical
Object name:
closed-businesses70-13-03_2009.jpg
Max file size:
2362 x 3543 px (20.00 x 30.00 cm) - 300 dpi - 2 MB