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UK watchdog intervenes to release mortgage 'prisoners'

Tens of thousands of mortgage "prisoners" in Britain could be freed after the financial regulator said on Thursday it would ease affordability checks required by home loan providers when remortgaging to a cheaper deal.

Productivity setback adds to worries for UK economy

British productivity growth slowed to a two-year low during the three months to last September, official figures showed on Wednesday, reinforcing concerns about the underlying health of the economy ahead of Brexit.

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