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Showing posts with label UK household debt. Show all posts
Showing posts with label UK household debt. Show all posts

7/04/2014

Household debt serious threat to UK recovery, says Bank of England deputy

The Bank of England deputy governor, Sir Jon Cunliffe, has warned that household debt is a key risk to the UK recovery and said the Bank's new measures to rein in the housing market should be thought of as insurance against a major crash.