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I have long doubted Mark Carney’s independence. George Osborne hand picked the governer, and for good reason. Osborne’s golden goose was /is help-to-buy, which has pushed up property prices, probably by the famous 35%. Carney, in turn, has repaid Osborne - long since gone but ever present, it seems - by keeping interest rates audaciously low. We can see what has happened and can imagine what will happen. Apart from interest rat rise (like opportunist retailers blaming brexit for all the prce increases) Carney will hide under the cover of ‘no deal’ and blame brexit for interest rises. He has a pount,  but he also has a lot to answer for. Apart from that, he will get his British citizenship, and eventually become a lord. Nice work, the Tories will live on long after our collective debt death.

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  • 244 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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