Meanwhile senior clerics within the Church have made a series of high-profile condemnations of the excesses of capitalism.
The Archbishop of Canterbury, Dr Rowan Williams, has said that the crisis shows that Karl Marx was partly right, and has likened Gordon Brown's plan for Britain to spend its way out of recession to "an addict returning to a drug".
Several senior bishops have also delivered a damning assessment of Labour's record, the growing gap between rich and poor and the false dream of an endless economic boom.
The head of the Roman Catholic Church in England and Wales, Cardinal Cormac Murphy O'Connor, has declared that "capitalism died" last year because of the credit crisis.