Politics 22 August 2013 Business quote of the day. "The banks are really ripping off the people who want to borrow money to buy homes" Sign up for our weekly email * Print HTML "I think the banks are really ripping off the people who want to borrow money to buy homes" Mike Jones, chairman of the Local Government Association’s environment and housing board, says it is developers not the planning system holding back the building of new homes, and accused the banks of charging extortionate mortgage rates. › Jobless in Europe: The wretches of Spain Photograph: Getty Images Helen Roxburgh is the online editor of Economia Subscribe from just £1 per issue More Related articles Jeremy Corbyn has found a vulnerable spot on Theresa May and trade Politicians are worried that their pensions are destroying the planet. Is yours? Nap Store: Where did all these new mattress start-ups come from?