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Episode details

World Service,14 Sep 2018,26 mins

Lehman Brothers: Ten Years On

World Business Report

Available for over a year

What's been the impact of investment bank Lehman Brothers' bankruptcy, ten years on? Lord Mervyn King was governor of the Bank of England at the time, and tells us how close the global financial system came to collapse. And Liana Brinded of Yahoo Finance UK, and Yalman Onaran of Bloomberg assess the long-term implications of the bank's failure. Also in the programme, we hear about a Kenyan proposal to halve fuel taxes in the country. Plus as the Ocean Saviour boat is unveiled, which promises to retrieve and recycle plastic from the ocean, we find out more from Richard Roberts, chief executive of TheYachtMarket. (Picture: A Lehman Brothers sign. Picture credit: Getty Images.)

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