Blimey, reports the Daily Mail.
The building safety scandal could lead to the next banking crisis if leaseholders are forced to pay for repairs, MPs were warned yesterday. Former Bank of England economist Dean Buckner said widespread mortgage defaults could spark a Northern Rock-style run on the banks. His dire warning came after campaigners told the Commons Housing Select Committee that ministers needed to ask them for a spreadsheet of building safety data because they ‘had no handle’ on the scandal themselves.
The Housecom hearing is on Parliament TV here.