Keir Starmer denies budget to blame for rise in mortgage rates

Keir Starmer denies budget to blame for rise in mortgage rates

Keir Starmer, Economic policy, Autumn budget 2024, Budget, Politics, UK news, Rachel Reeves, Economics, Mortgage rates, Interest rates, Business, Money, Labour Business | The Guardian

​PM says budget stabilised the economy, while mortgage rates are ‘individual decisions for the banks’Keir Starmer has conceded he was disappointed in the UK growth figures last week, but denied that his government’s budget was responsible for a recent rise in mortgage rates.The prime minister told journalists travelling to the G20 summit in Rio: “What we have done with the budget is to stabilise the economy and that, in my view, was the essential first step. Continue reading… 

PM says budget stabilised the economy, while mortgage rates are ‘individual decisions for the banks’

Keir Starmer has conceded he was disappointed in the UK growth figures last week, but denied that his government’s budget was responsible for a recent rise in mortgage rates.

The prime minister told journalists travelling to the G20 summit in Rio: “What we have done with the budget is to stabilise the economy and that, in my view, was the essential first step.

Continue reading… 

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