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One Big Bang, or were there many?

From The Guardian, One Big Bang, or were there many?:

The universe is at least 986 billion years older than physicists thought and is probably much older still, according to a radical new theory.

The revolutionary study suggests that time did not begin with the big bang 14 billion years ago. This mammoth explosion which created all the matter we see around us, was just the most recent of many.

The standard big bang theory says the universe began with a massive explosion, but the new theory suggests it is a cyclic event that consists of repeating big bangs and big crunches - where every particle of matter collapses together.

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