[datawrapper chart=”http://static.spectator.co.uk/FNkEj/index.html”] Low rates aren’t hurting business and they’re helping people afford homes, while borrowers have been stung. Why don’t the Tories fight on things they’ve done, rather than things they haven’t?‘The drop in mortgage rates is likely to give further stimulus to the housing market, and indeed the net balance of people who intend to buy (or build) a house in the next 12 months rose sharply in January to the highest level since 2003. For the corporate sector as a whole, the benefits of low longterm rates probably outweigh the negatives.’
On the day of the Budget announcement (18 March), join The Spectator’s Andrew Neil, Fraser Nelson and James Forsyth for a discussion on George Osborne’s last Budget before the general election. This event has been organised by The Spectator in association with Aberdeen Asset Management. For tickets and further information click here
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