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UK construction workers want to rock the recession

Are you feeling low and lonesome, or really subprime? A band of guitar-playing construction workers say they want to rock their way through the recession and put smiles on the faces of British bankers.

Playing their song “Credit Crunch” atop a building site in London’s Canary Wharf financial district Friday, the group said they hoped their act would lift some of the gloom of the global financial meltdown.

The song’s lyrics involve a cat named Footsie and a dog named Nasdaq.

Singer Richard Bray said: “It’s not the end of the world, is it? There’s benefits. We were all - myself included - spending money on things we didn’t need. This will bring us down to earth a bit, probably with a bump.”

Steve Wells, one of the band’s guitarists, said: “We’ve worked on a few of these buildings together. Citigroup, Barclays, Credit Suisse and, most notably, Lehman Bros.”

The band’s small proceeds go to charity. Bray joked that he couldn’t use the revenue anyway. “There’s no point because money is not going to be worth anything soon,” he said.

The band practices twice a week and largely limits its performances to the financial district. They’re not planning on tackling the charts just yet, and they aren’t going to quit their day jobs with a recession looming - so we probably won’t see them on tour in the North East any time soon. That leaves a gap in the market for any tribute acts who want to fill the niche…

This was posted in Bdaily's Members' News section by Ruth Mitchell .

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