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UK minister urges BOE to clamp down on risky mortgages

Published Thu, Jun 12, 2014 · 10:00 PM
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[LONDON] British business minister Vince Cable yesterday urged the Bank of England (BOE) to clamp down on mortgages with high loan-to-income ratios to stop booming house prices from harming the economy.

Speaking ahead of keynote annual addresses to London's financial community by finance minister George…

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