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mortgage crisis
Explore "mortgage crisis" with insightful episodes like "Do you really want your pension invested in risky unlisted companies?", "Why is Rishi Sunak taking the Covid inquiry to court?" and "Did the UK stage its own mini-financial crisis... and who was responsible?" from podcasts like ""This is Money Podcast", "The News Agents" and "This is Money Podcast"" and more!
Episodes (3)
Why is Rishi Sunak taking the Covid inquiry to court?
The government has taken the Covid inquiry, that it set up and poured so much public and private faith in, to court. What the f•••?!
We try to make sense of this with Lara Spirit of The Times
And.. is the mortgage market fast becoming a serious economic crisis in the UK?
Did the UK stage its own mini-financial crisis... and who was responsible?
It has been an incredibly turbulent week for the UK economy as the Bank of England stepped in to protect pension funds, the pound hit a record low against the dollar before rebounding and lenders pulled mortgage deals to re-price them at far higher rates.
So, is the UK economy in crisis… again? How much is the Chancellor's 'mini' Budget to blame? Or was this the culmination of problems that stem from the Bank of England? And what can the Government and Bank do now?
This week, Georgie Frost, Simon Lambert and Lee Boyce tackle what has been a truly remarkable one in the world of personal finance with a message of: don't panic.
Simon gives an economics 101 on why the pound fell and why the Bank of England stepped in, seemingly with a u-turn on plans for quantitative tightening.
What is happening to mortgages? With lenders pulling deals and replacing them with higher rates, how will that impact first-time buyers, those looking to remortgage and the property market in general?
Will base rate continue to head higher and what does that mean? And a chink of light for savers: this week, NS&I boosted Premium Bonds, while savings rates continue to race higher.