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U.K. Housing Risk Is `Substantial,' Morgan Stanley's Miles Says

Story date: 2007-10-01 07:26:00
Added on: 2007-10-01 08:00:23


Bloomberg - ... is showing signs of cooling after five increases in interest rates, a surge in credit costs caused by the U.S. subprime market collapse, and a subsequent run on mortgage lender ... U.K. consumer confidence fell to the lowest in six months in September ...


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