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The Guardian - UK
The Guardian - UK
Business
Sandra Haurant

Banking crisis clinic

Asian stock markets fell again. Photograph: Ahn Young-Joon/AP
Stock markets have slumped dramatically over the past two days. Photograph: AP

Are you worried about the effect the Wall Street meltdown could have on your finances? The collapse of the US bank Lehman Brothers has sent shockwaves around the globe, causing stock markets to plummet and throwing the financial world into turmoil.

Consumers are being urged not to panic, but with commentators talking of the biggest crisis since the 1920s many of us are wondering what the knock-on effect will be on our finances.

We have assembled a panel of experts to answer your questions live from 11am on Wednesday.

So if you are anxious about the safety of your savings and investments or concerned what might happen to your mortgage, post a question here and our panel of experts will do their best to answer it. Answers will be posted on the blog.

Our panel is made up of Ray Boulger, senior technical manager at mortgage broker John Charcol, Michelle Slade of financial data service Moneyfacts, chartered financial planner Martin Bamford of Informed Choice and personal finance journalists from the Guardian and Observer.

Advice is for guidance only. If you want to take your query further use our search to find an independent financial adviser in your area. If it's just the basics you are after, try our Q&A.

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