Interest rates: No end in sight for mortgage misery

21 Jun 2024

EMBARGO: Immediate Release

Responding to Interest Rates being held at 5.25%, Liberal Democrat Treasury spokesperson Sarah Olney said:

“Today’s decision means there is no end in sight for mortgage misery, with families hit with rocketing payments after the Conservatives crashed the British economy. 

“Families have had their hopes of a rate cut dashed once more, leaving them to cope with unbearable mortgage payments for months to come. 

“Rishi Sunak and Liz Truss owe the British public an apology for leaving them to pick up the tab for their failed economic experiments.

“The Conservative party has no shred of economic credibility left. Their botched budgets and economic incompetence have fuelled the worst cost of living crisis in a generation."

ENDS

 

 

 

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