Governor of the Bank of England Andrew Bailey appearing before the Treasury Committee at the House of Commons, London, where he said that market conditions have returned to normal after the mini-budget sparked chaos in the gilts market, leading mortgage rates to surge. Picture date: Monday January 16, 2023. PA
Governor of the Bank of England Andrew Bailey appearing before the Treasury Committee at the House of Commons, London, where he said that market conditions have returned to normal after the mini-budgeShow more

World

UK

Mortgage lenders have 'obligation' to help struggling borrowers, says BoE governor

Mortgage debt levels are lower now than during previous financial crises, says Andrew Bailey

Soraya Ebrahimi
Soraya Ebrahimi

January 16, 2023