Bank to supervise housing plans
George Osborne is to give the Bank of England a greater check over the government's Help to Buy scheme to ensure it does not fuel a housing boom. The Bank will make annual reviews, rather than every three years.
George Osborne is to give the Bank of England a greater check over the government's Help to Buy scheme to ensure it does not fuel a housing boom. The Bank will make annual reviews, rather than every three years.
The Council of Mortgage Lenders has welcomed plans announced by Chancellor George Osborne that there will be a regular review of the Help to Buy mortgage guarantee scheme.
We now have an indication of how and when the Bank of England will determine whether the scheme needs to change during its three-year proposed lifespan, and this annual review will be a key deciding factor in that.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.