Julian Benson
on July 25th, 2024 A recent study from the Institute for Fiscal Studies (IFS) found that as many as 320,000 UK adults have been forced into poverty by soaring mortgage costs after recent interest rate hikes affected their affordability. Between December 2021 and 2023, poverty rates among mortgage owners increased by 1.4 percentage points.
GBP/USD: the past year
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