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The Guardian - UK
The Guardian - UK
Politics
Jessica Elgot in Rio de Janeiro and Heather Stewart

Keir Starmer denies budget to blame for rise in mortgage rates

Keir Starmer works onboard a government plane as he travels to Rio de Janeiro, Brazil to attend the G20 summit.
Keir Starmer made his comments to journalists travelling to the G20 summit in Brazil. Photograph: Stefan Rousseau/PA

Keir Starmer has conceded he was disappointed in the UK growth figures last week, but denied that his government’s budget was responsible for a recent rise in mortgage rates.

The prime minister told journalists travelling to the G20 summit in Rio: “What we have done with the budget is to stabilise the economy and that, in my view, was the essential first step.

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