IEA Economics Fellow Julian Jessop has been quoted in The Financial Times urging the government to avoid subsidies or bailouts for mortgage holders as interest rates continue to rise.

The article said:

“Julian Jessop, Economics Fellow at the Institute of Economic Affairs think-tank said the government should avoid introducing mortgage subsidies or price controls. But, he added, it had ‘a role in tax and regulatory reform, including fixing our broken planning system, to ease constraints on the supply side and to boost the economy’s productive potential’.”

Read the full article here.