Bank of England says mortgage burden 'below financial crisis peaks'
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.
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
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
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
Survey Suggests , US Households Remain Confident , Despite Banking Instability.
CNN reports that 2023 has been
a strange time for mid-sized
banks in the United States.
Earlier this year, three..
Credit: Wibbitz Top Stories Duration: 01:31Published