Interest rate cut: Govt must work to deliver growth, especially through small businesses

EMBARGO: Immediate Release

Commenting after the Bank of England has cut interest rates to 4.75%, Liberal Democrat Treasury Spokesperson Daisy Cooper MP said:

“This is welcome news for families across the country who are still living with the consequences of Conservative economic failure. 

“Notwithstanding, millions of households are still struggling with sky high mortgage payments two years on from the Conservatives’ disastrous mini-budget. 

“The burden of fixing the Conservatives’ mess has fallen on struggling households for too long. As rates are cut, the new Government must work to deliver growth in the economy, especially through small businesses and high streets.”

ENDS