IFS report shows last Conservative Govt trashed the economy and sent mortgages spiralling 

25 Jul 2024

EMBARGO: 00:01 Thursday, July 25th

Responding to the latest IFS report that shows 320,000 people have been pushed into poverty because of mortgage interest rate rises, Liberal Democrat Treasury Spokesperson Sarah Olney MP said: 

"It's utterly devastating to see so many households dragged into poverty because the last Conservative Government trashed the economy and sent mortgages spiralling. 

“The Conservatives have left our economy in tatters, sent mortgages through the roof and overseen the worst cost of living crisis in a generation - now people are suffering.

"Our new group of Liberal Democrat MPs will be campaigning day in and day out to get people a fair deal they deserve after being taken for granted for so long." 

ENDS

 


 

 

Desks a computers in front of a wall painted with the bird of liberty

Back to press releases

View
A person using a laptop

Contact the press office

View

This website uses cookies

Please select the types of cookies you want to allow.

These are necessary for the website to function properly.
These help us to understand how our visitors use our website.
These allow us to display content from other websites that track you for advertising purposes.
Administrator preview
Live version at www.libdems.org.uk