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What's happening to the economy and mortgage deals? This is Money podcast

What's happening to the economy and mortgage deals? This is Money podcast

What is happening to the economy, mortgage transactions and the pound sterling? The This is Money Podcast “Don’t Panic”

The UK economy had an incredibly turbulent week as the Bank of England stepped in to protect pension funds, the pound hit a record high against the dollar before rebounding and lenders struck mortgage deals for revalue at much higher rates.

This week, Georgie Frost, Simon Lambert and Lee Boyce address what has been truly remarkable in the world of personal finance with a message: don’t panic.

So, is the UK economy in crisis…again? How much to blame for the Chancellor’s ‘mini’ budget? And what can the government do now?

Simon gives an economics lesson on why the pound fell and why the Bank of England stepped in, apparently with a U-turn on quantitative tightening plans.

What happens to mortgages? With lenders making deals and replacing them with higher rates, what impact will this have on first-time buyers, those looking to remortgage, and the housing market in general?

Will the base rate continue to rise and what does this mean? And a flash of light for savers: This week, NS&I boosted premium bonds, as savings rates continue to climb.

Listen to the This is Money podcast

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To download the Apple Podcasts app, go to the App Store. On Android devices, go to the Google Play Store to download the podcast app of your choice.

You can hit play to listen to this week’s full episode on the player above, and wherever you get your podcasts, please subscribe and review us if you like the podcast.

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If you are not satisfied with the apps, you can also listen to the latest episode and archive on the This is Money podcast page.

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