The big correction: Horgan-Jones on finance

The big correction: Horgan-Jones on finance

Last week’s turmoil in the stock market is unlikely to have a major effect here, but investment and jobs could take a hit

When words like ‘rout’ and ‘freefall’ easily trip from the mouths of adrenaline-fuelled presenters and over-excited guests on the financial networks, one could be forgiven for feeling a little uneasy.

The last week of see-saw market action has provoked unpleasant memories of the early days of the great financial crisis. But while it has undoubtedly been a bruising week for investors, what is the impact for ordinary people, whose financial assets are limited to little...

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