Today.
BoE warns of rising mortgage costs.
https://www.bloomberg.com/news/videos/2023-07-12/uk-latest-boe-s-bailey-on-rising-mortgage-costs
Also today…
Government Housing scheme hands back 30% of its budget (£1.9bn) after “failing to find projects to spend it on”.
Also today…
Chancellor orders Ministers to find £2bn of savings for public sector pay rises.
https://www.ft.com/content/41549091-24c0-4482-b23e-63a375e55fcf
🤔
