Slow Money Podcast

Breakfast Briefing | Negative interest rates loom as property market defies the pandemic

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Key talking points: Chancellor announces Job Support Scheme to replace furlough; however, the economy faces a hit of £250 million a day from partial lockdowns COVID continues to accelerate a lot of trends with polarising changes. How are these affecting businesses? UK housing market defied the pandemic, with average prices hitting record highs. This is in stark contrast to the wider economy. What is behind this apparent contradiction? Bank of England has been talking a lot about negative rates recently. Find what they’ve had today and you need to know