Former chancellor Kwasi Kwarteng has admitted he has been 'affected' by his own mini-budget
Former chancellor Kwasi Kwarteng has admitted he has been"affected" by his own mini-budget which was blamed for creating economic turmoil while Liz Truss was prime minister., said his own mortgage repayments had"gone up considerably".
However, he denied he was to blame for the wider economic situation and rising interest rates, which he said falls under the responsibility of the Bank of England. Speaking to GB News's Camilla Tominey, Mr Kwarteng was asked whether he had any sympathy with those facing higher mortgage costs."I'm probably revealing too much: I'm on a tracker, so I'm affected as well. They've gone up considerably."'I'm cutting everything out just to survive'?", he replied:"No, not at all because Camilla we are mixing two things.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Kwarteng blames Bank of England for high inflation and says his mortgage payments have soaredFormer chancellor Kwasi Kwarteng, whose mini-budget last September is widely blamed for helping cause interest rates to rocket, has complained about the cost of his own mortgage going up DavidParsley50 reports
Lire la suite »
Liz Hurley's son Damian is as glam as his mum as pair pose on red carpetLiz Hurley was joined by her son at a lavish party but all eyes were not glued to her, as her son dazzled fans with his smouldering good looks as he showed off a chiselled jaw line
Lire la suite »
One of the last pictures of the Queen nominated for 2022 photo of the year - and you can voteAn image of the late Queen smiling beside a fire at Balmoral, before meeting the newly appointed prime minister Liz Truss, is among the contenders for the Photo of the Year award.
Lire la suite »
Kwarteng blames Bank of England for high inflation and says his mortgage payments have soaredFormer chancellor Kwasi Kwarteng, whose mini-budget last September is widely blamed for helping cause interest rates to rocket, has complained about the cost of his own mortgage going up DavidParsley50 reports
Lire la suite »
House prices are falling, so why can't I afford a home?Figures this week showed house prices falling, but mortgage costs remain high.
Lire la suite »
“That’s not responsible at all”: Belgian junior scolded for adjusting front wheel with Allen key during world championships road raceBelgian junior scolded for adjusting front wheel with Allen key during world championships road race “He doesn't even know what way to do it. I hope it's the last time I see that”, former pro Nicolas Roche said of Sente Sentjens’ risky manoeuvre cycling
Lire la suite »