"Bank of England Governor Mark Carney waded into Britain’s property market today, limiting the number of riskier mortgages to prevent an unsustainable buildup of consumer debt derailing the economic recovery.
"The BOE’s unprecedented action was prompted by a booming housing market and an increase in high loan-to-income mortgages, with Carney saying earlier this month that the level of debt put the U.K. in a vulnerable position."
The SP here will only move upwards to it's true price when the current government sell off their entire holding. Only then can market forces truly take effect. My city spies tell me that £2.11 is realistic in 2015. This is not a ramp, I've been holding and buying since 2012. No point in buying right now unless you trade in sufficient volume as a day trader. The current daily ups and downs are being created by Institutions not PI's. GLA
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