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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Budget 2024: Homeowners 'to be hit with high mortgage bills for longer' as Rachel Reeves borrows billions

Homeowners will face higher mortgage bills for longer if Rachel Reeves goes on a borrowing spree of tens of billions of pounds to fund investment in Britain’s infrastructure, Jeremy Hunt is warning.

The former Chancellor accused his successor of “fiddling with her fiscal rules” to allegedly borrow up to £50 billion.

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