Start / Patrick Boyle On Finance / Britains mortgage crisis

Patrick Boyle On Finance

Britain’s Mortgage Crisis!

25 min • 23 juni 2023

Send us a textRising mortgage payments are squeezing the finances of millions of borrowers in Britain, threatening to undermine household spending and the broader economy.The dream of a soft landing that would have the Bank of England squeeze out inflation without condemning the country to a recession looks increasingly remote. Inflation has been more stubborn than expected and is forcing the central bank to go with a bigger-than-expected rate hike that took the key rate to 5%.What does this ...

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