The end of close to 15 years of cheap credit is over and it’s having a significant impact on the British economy. As the Bank of England rachets up interest rates, many homeowners are feeling the pinch, but the impact goes beyond higher interest payments for those with mortgages.
This sea change in monetary policy is calling into question one of the few certainties of life in Britain. The idea that property is a safe and secure investment is on shaky ground.
To help us explore what this means for Britain’s economy, society, and political landscape, in this week’s episode of The i Podcast we are joined by our housing correspondent, Vicky Spratt, and money and business editor, Jessie Hewitson.
Join us as we take a deep dive into the mortgage crisis, looking at the ramifications of the ongoing transformation of the UK economy, and find out how our guests are coping with the borrowing crunch themselves.
Produced by Albert Evans, edited by Julia Webster.
Music featured is by Michael Kobrin and Lexin Music - licensed via Pixabay.
Check out their music here:
https://pixabay.com/music/modern-classical-the-introvert-michael-kobrin-10959/
https://pixabay.com/users/lexin_music-28841948/
Hosted on Acast. See acast.com/privacy for more information.
Popular Podcasts
Fudd Around And Find Out
UConn basketball star Azzi Fudd brings her championship swag to iHeart Women’s Sports with Fudd Around and Find Out, a weekly podcast that takes fans along for the ride as Azzi spends her final year of college trying to reclaim the National Championship and prepare to be a first round WNBA draft pick. Ever wonder what it’s like to be a world-class athlete in the public spotlight while still managing schoolwork, friendships and family time? It’s time to Fudd Around and Find Out!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.