George Osborne has said he is to give the Bank of England legal powers to stop people taking out mortgages too large for them to pay off.
In his annual Mansion House speech, the Chancellor is to set out how the Bank will be able to order restrictions on the ratio of mortgage loans compared to borrowers' incomes, or to the value of their house.
In his speech, Mr Osborne is expected to say that while the housing market does not pose an immediate threat, it is important to insure against risks in the future.
I’ve been to Norway, one of the few countries in the West to have tried caps on deposits, to see what lessons we can learn.
George Osborne has opted-out of an EU directive on market rigging penalties to 'speed up' the process - but is he driven by self-interest?