Notayesmanspodcast383
About this episode
The episode discusses the impact of global pressures on UK mortgage rates and the potential actions of the Labour government regarding the Bank of England and market reactions to oil and gas flows.
This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on early question for tomorrows podcast if you don’t mind - “with the global pressures potentially easing, are we likely to see any downward pressure on UK mortgage rates?” Will the UK's Labour government bankrupt the country? Will they force the Bank of England to resume QE in order to contain Gilt yields? Can I assume that oil and gas are flowing unimpeded through the gulf now from the market reaction to the MOU and refilling Europe gas storage is completed
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