What’s happening with the UK economy?
This Is Why
00:00
Why Are Interest Rates Predicting What's Six?
Martin Wheel was formerly a member of the Bank of England's Monetary Policy Committee. He says people are now borrowing a lot more on their mortgage products than they were. The debt runs ahead of the economy, and that raises questions, how is the debt going to be repaid? "That fundamentally is what has been worrying people"
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Transcript
