Bank powerless over London property prices, says governor – The Guardian

The Guardian
The governor of the Bank of England has admitted it is powerless to control the soaring prices of prime property in London. Mark Carney played down fears of a bubble in the wider market, dismissing suggestions that the coalition’s Help to Buy scheme
Carney powerless to stem London house price riseScotsman
Bank of England chief plays down housing bubble fears but says he’s powerless This is Money

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Source: London News From Google

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