What big news happened in 2008?
Gallery
- Gallery.
- Tibetan monks arrested after the March, 14 unrest.
- Cyclone Nargis killed more than 138,000 in Myanmar.
- 2008 Sichuan earthquake.
- XXIX Summer Olympics in Beijing, China.
- South Ossetia war.
- November terrorist attacks in Mumbai.
- Lehman Brothers went bankrupt following the subprime mortgage crisis.
Who was in power in UK in 2008?
Gordon Brown (2007–10)
What bad events happened in 2008?
By the winter of 2008, the U.S. economy was in a full-blown recession and, as financial institutions’ liquidity struggles continued, stock markets around the world were tumbling the most since the September 11 terrorist attacks.
Why did the UK have a recession in 2008?
The most famous and longest lasting recession to hit the UK was the ‘Great Recession’ of 2008. This was caused by rising energy prices and the collapse of the housing market. It lasted for five financial quarters and was the longest recession on record since the second world war.
How did the 2008 crash affect UK?
In January 2008, the FTSE 100 fell by 5.5%. This was the biggest loss since the crash of September 11, 2001. It is difficult to pinpoint exactly what triggered the sequence of events. Suddenly, shoppers were struggling to pay mortgages which immediately translated to less retail sales.
What historical events happened in 2010?
Popular Culture 2010
- Russia Suicide bombers.
- Haiti magnitude 7 earthquake.
- Chile Earthquake measuring 8.8 magnitude.
- United Arab Emirates Burj Khalifa.
- United States Affordable Care Act passes in Congress.
- United States BP Deepwater Horizon Oil Spill Disaster.
- Afghanistan US increases the number of troops.
- Floods in Pakistan.
What happened March 2006 UK?
23 March – 2005-2006 Christian Peacemaker hostage crisis: British peacemaker, Norman Kember, and three Canadians rescued by SAS troops. 26 March – a smoking ban came into effect in all enclosed public places in Scotland. Council workers across the UK strike over pension rights. Royal Regiment of Scotland created.
What happened in the UK in January?
January was dominated by tragic tales and gales. BBC children’s presenter Mark Speight was quizzed by police over the death of his fiancee, Natasha Collins. She was found dead in his flat after an apparent drug overdose, leaving him “absolutely distraught” by his loss.
What has happened to the UK financial situation?
The financial situation continued to attract attention, with the chancellor unveiling his public borrowing plans, UK interest rates being slashed to 3% and a blow-by-blow account of the Pre-Budget Report . Also avidly read was the tragic unfolding of events in the Mumbai attacks .
What happened in the UK in March 2015?
28 March – London Heathrow Terminal 5 opens at Heathrow Airport to British Airways with many problems with the IT system, coupled with insufficient testing and staff training, which causes over 500 flights to be cancelled. 30 March – A plane crashes into a row of houses in Farnborough, London, killing two pilots and three passengers.