A decade on from the global financial crisis, Alexandra Anderson and Jonathan Angell survey the valuation negligence landscape, and assess the impact of 10 key cases from those 10 years
On 14 September 2007, queues started forming outside branches of Northern Rock as account holders tried to withdraw their money from the bank. This was in response to news that it had sought emergency funding from the Bank of England due to liquidity problems. For many, this was the start of what became known as the global financial crisis.
In the 10 years since