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Podcast: Beyond Currency
Episode: 15th November 2021 - Property slowdown, a major factor in growth slowdown
Description: "The Bank of England is planning to add fuel to the mortgage fire as it discusses lifting restrictions on banks' house loan rules.
The property market has been a mainstay of the UK economy for decades and was given a boost during the pandemic as Chancellor Rishi Sunak provided a stamp duty holiday to ensure that activity remained high during the various lockdowns.
That benefit has now been removed, so the Bank of England is looking at ways to increase activity in an attempt to support activity.
The Bank is expected to increase the volume of higher value loans that...