Interest rates: Liz Truss’s legacy still looms large but government must scrap jobs tax to turn economy around

EMBARGO: Immediate Release

Responding to interest rates remaining at 4.75%, Liberal Democrat Treasury spokesperson Daisy Cooper MP said:

“The legacy of Liz Truss’s disastrous mini budget still looms large for millions of mortgage holders who are looking desperately for relief from these sky-high rates. 

“At the same time, the new government needs to work much harder if it’s going to turn the economy around any time soon.

“That must start by scrapping the self-defeating jobs tax which promises to make the crisis in health and care even worse. 

“Whilst people continue to struggle to access the health and care services they need, it will take longer to turn our economy around.” 

ENDS