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Bank of England says mortgage burden 'below financial crisis peaks'

Sky News Wednesday, 12 July 2023
The Bank of England says it expects the proportion of income UK households spend on mortgage payments to remain below levels seen during the financial crisis.
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Hunt: BoE governor's optimism on economy is encouraging [Video]

Hunt: BoE governor's optimism on economy is encouraging

Chancellor Jeremy Hunt has welcomed the Bank of England's decision to leave interest rates unchanged, adding he would rather it didn't rush into a decision it'd later have to backtrack on. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:05Published
BoE ‘optimistic’ about cuts despite unchanged interest rates [Video]

BoE ‘optimistic’ about cuts despite unchanged interest rates

Bank of England Governor Andrew Bailey has said he is 'encouraged' by the direction of inflation, hinting borrowing costs could soon be cut if inflation is reined in. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:04Published
Jones: Govt policy changes could help lower inflation [Video]

Jones: Govt policy changes could help lower inflation

Shadow Chief Secretary to the Treasury Darren Jones has said there are a number of policy initiatives that could help bring inflation down after the Bank of England decided to leave the rate unchanged. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:47Published

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