High levels of immigration are fuelling Britain’s housing crisis, according to the Bank of England’s chief economist, who blamed skyrocketing rents on a shortage of properties.
Jeremy Hunt has urged the Bank of England not to cut interest rates too quickly after Governor Andrew Bailey opened the door to a steep fall in borrowing costs.
The Fidelity European Trust has produced a 17pc capital return since it was first tipped by Questor in April last year. In doing so, it has outperformed the FTSE 100 index by 11 percentage points.
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