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Evening Standard
Evening Standard
World
Nicholas Cecil

Jacob Rees-Mogg: My mortgage has gone up

Business Secretary Jacob Rees-Mogg who says like many other people his mortgage has gone up

(Picture: PA Wire)

Millionaire Cabinet minister Jacob Rees-Mogg told on Wednesday how his mortgage has gone up.

The average two-year fixed rate mortgage rate has risen well above six per cent after Chancellor Kwasi Kwarteng’s mini-Budget on September 23 which sparked turmoil on the markets and sent the pound into a nosedive, before it recovered much of its losses.

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