- The Bank of England's Alex Brazier warns on an the UK's commercial property market.
- The market is relying on interest rates remaining very low in the future, while also expecting growth conditions to be favourable.
- The story of London's commercial property market, was for many years, one of rampant expansion and surging prices. There is now evidence that the market has moved into a downturn.
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A Bank of England official identified a big problem at the heart of London's inflated commercial property market
The market is relying on interest rates remaining very low in the future, while also expecting growth conditions to be favourable.
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LONDON — One of the Bank of England's most senior officials identified a problem at the heart of London's inflated commercial property market in a speech on Thursday evening.
Speaking at Imperial College London, Alex Brazier, the bank's e
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