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Consumers Warned On High Debt Levels As Bank Regulations Eased

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http://www.bbc.co.uk/news/business-36712040

House price risk

It warned about "the high level of UK household indebtedness [and] the vulnerability to higher unemployment and borrowing costs" could affect some households' ability to pay their debts.

House prices could also come under pressure, particularly if buy-to-let investors abandon the market.

Must be bad if the BBC are pushing the crash...

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http://www.bbc.co.uk/news/business-36712040

House price risk

It warned about "the high level of UK household indebtedness [and] the vulnerability to higher unemployment and borrowing costs" could affect some households' ability to pay their debts.

House prices could also come under pressure, particularly if buy-to-let investors abandon the market.

Must be bad if the BBC are pushing the crash...

AKA licence to print.

Given that banks leverage their lending, the FPC said the buffer reduction would allow banks to increase credit supply to households and businesses by £150bn. It is hoped that will mitigate any effect of an economic slowdown which many predict.

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At last, there's a positive from all this BBC-induced Armageddon hysteria.

Or maybe not.

Edited by spunko2010

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