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London in ‘precarious position’ as bank rate hike to 5% threatens to ‘hit developers hard’

Mark Helprin by Mark Helprin
June 22, 2023
in Real Estate
London in ‘precarious position’ as bank rate hike to 5% threatens to ‘hit developers hard’
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The Bank of England’s interest rate hike to 5% will ‘hit developers hard’, particularly in London, according to industry experts.

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