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The comments from the Secretary of State regarding the current state of the talks process in Northern Ireland is deeply troubling. There are very real consequences for the people of Northern Ireland with the continuing stalemate – budgetary decisions are waiting to be taken, NHS targets are being missed and waiting lists are getting longer, and there is uncertainty for...
Vince Cable said:
“One in six of the population could not cope with even a modest rise in mortgage payments. Consumer credit is running at 10% a year. With the Bank of England predicted to increase interest rates, a recession could lead to repossessions and people defaulting on their debts. The danger is that this becomes a negative spiral.
Stephen Lloyd said:
“This is a slow motion car crash. One and a half million people are in private rented accommodation and in receipt of housing benefit. Private landlords are not in a position, financially, to be as forgiving as councils and housing associations. With the delays in payment we have already seen, many vulnerable people will lose their homes....