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Liverpool Echo
Liverpool Echo
Business
Storm Newton

Liverpool mortgage broker warns 'don't bury your head in the sand'

A Liverpool mortgage broker has warned people not to "bury their heads in the sand" as mortgage rates soared following the Tories' mini-budget.

The Tories dealt a blow to the economy with their mini-budget, leaving many homeowners across the country uncertain about how they're going to pay their mortgage and some banks even pulled their products.

The measures announced by Chancellor Kwasi Kwarteng have been labelled a "war on class" and have even been slammed by the The International Monetary Fund. Liz Truss spent yesterday (Thursday, September 29) fumbling through interviews on local radio, failing to give answers on fracking and tax cuts and outline clear plans for the coming months.

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