Pantheon Macroeconomics - The slowdown in households' income growth since the referendum has not pushed up mortgage default rates, so far. Employment grew by just 0.2% quarter-on-quarter in Q3 and 0.1% in Q4, well below the 0.5% average rate seen in the three years before the referendum.

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15 March 2017 Low Mortgage Arrears Hide Rising Risks as the Economy Slows

By Samuel Tombs

The slowdown in households' income growth since the referendum has not pushed up mortgage default rates, so far. Employment grew by just 0.2% quarter-on-quarter in Q3 and 0.1% in Q4, well below the 0.5% average rate seen in the three years before the referendum.

Posted: 14th Mar 2017 in 'U.K. Documents'

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