Evaluating UK Crisis Interventions: Fiscal, Monetary, and Regulatory Policy Responses to the 2007-2009 Financial Crisis

This study investigated the experiences and perceptions of investment professionals during the financial crisis in the United Kingdom from 2007 to 2009, focusing on their challenges, views on intervention measures, and the impact on their financial stability and trust in banking institutions. These professionals, who participated in the survey, had first hand experience of the crisis that hit the financial sector, making their insights crucial for this research. The study guides further crisis management strategies, financial regulations, and policies that can strengthen financial stability and restore the confidence of investment professionals in the banking sector. Adopting a quantitative research approach and a cross-sectional survey design, data were collected from 40 investment professionals in the UK, including investment professionals. The study establishes that a large number of investment professionals were moderately to severely impacted by the crisis, facing challenges in credit and financial services, housing positions, and the small business and entrepreneurship sector. Additionally, the study reveals ambivalent attitudes towards the efficacy, equity, and necessity of crisis responses implemented by the UK government and financial organizations. The narratives of the participants highlight the importance of financial literacy in emergencies, significant concerns regarding potential future financial crises, and the diminishing public trust in banks. These findings suggest that greater collaboration and more policy-oriented methods for crisis resolution and financial supervision, based on rebuilding trust and enhancing the financial stability of the system, are needed at the policy and institutional levels.

Name dc:type.qualificationname

mba

Level dc:type.qualificationlevel

masters

Grantor dc:publisher.institution

University of Wales Trinity Saint David

Year dc:date.issued

2024

Author dc:creator

• Hammond, Isaac

• HG Cyllid

Dc Identifier Grantnumber

UWTSD

OAI identifier oai:identifier

oai:repository.uwtsd.ac.uk:3134