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Sir Mervyn King warns about 'Help to Buy' scheme
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Business, Social Studies, Other
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11th - 12th Grade
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Hard
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The Bank of England governor discusses the UK's modest economic recovery and the need for further action to ensure sustainable growth. He expresses concerns about the Help to Buy scheme, warning against its potential long-term implications on the mortgage market. The transition of leadership to Mark Carney is highlighted, along with the challenges he will face in maintaining economic health.
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