Almost a decade of improvements in household finances has started to be unpicked in the year since the EU referendum, according to the Bank of England. Findings from a biannual study for Threadneedle Street of more than 6,000 UK households found an increase in people reporting high mortgage debt when considering their income, while there were also worrying increases in repayments and in costs for renters. The survey, carried out by the research firm NMG Consulting on behalf of the Bank in September, found the highest percentage of households reporting mortgage debts of more than four times their earnings than at any ... (full story)