Does the Business Secretary know what’s going on? – BBC One oClock News

Ahead of the Chancellors annual Mansion House speech Business Secretary Vince Cable says he was surprised to learn that some banks were lending 5 x income and that 3.5 times salary would be a safer multiple. Simon Jack looks at the impact this might have and at the latest downbeat report published by RiCS with short clip from me filmed on the roof of New Broadcasting House.
Copyright BBC.

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