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BOE gearing up to rein in UK housing market

Pressure to act mounts as house prices rise faster than wage growth
Tuesday, June 17, 2014 - 06:00

[LONDON] Bank of England governor Mark Carney is edging closer to putting restraints on the UK housing market, and economists say that's the right thing to do. In a monthly Bloomberg survey, 85 per cent of economists said the BOE's Financial Policy Committee should take steps to cool demand for

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