Bank of England governor warns housing market is biggest threat to UK economy
Sunday, May 18, 2014 The governor of the Bank of England, Mark Carney, has warned that the state of the housing market in the United Kingdom is the current biggest domestic threat to the country's economy, due to lack of house building, and regulatory issues. In an interview to be aired on Sky News today, he said the housing market is the "biggest risk" to the economy and has "deep, deep structural problems". Of house building he said: "There are not sufficient houses built in the UK. To go back to Canada, there are half as many people in Canada as in the UK, twice as many