Barclays CEO Sees Risk of Property Boom Amid U.K. Recovery
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Barclays Plc Chief Executive Officer Antony Jenkins said Britain runs the risk of a property boom as the economy starts to recover.
“We are seeing probably a more buoyant housing market for the first time in perhaps as much as a decade,” Jenkins, 52, said yesterday at a conference in New York. “That’s a bit concerning because there is the risk of a property-driven boom in the U.K. The regulators are on it and don’t intend to let it happen, but these things can be difficult to control.”