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Video: George Osborne grilled on autumn statement


The Commons Treasury committee grilled George Osborne on his recent autumn statement asking if a rise in interest rates could leave households with high amounts of debt vulnerable. Chancellor George Osborne rejected claims that his controversial Help to Buy scheme is fuelling a house-price bubble in London and the South East, and said it is up to the Monetary Policy Committee to make a judgement on how an increase in intrest rates would affect households.

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