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Evening Standard
Evening Standard
Politics
Nicholas Cecil and Jonathan Prynn

Mortgage rates to rise after Rachel Reeves' tax, borrow and spend Budget, says official forecaster

Mortgage rates will rise in London and other parts of Britain after Rachel Reeves tax, borrow and spend Budget, according to the official forecaster.

Detailed analysis by the Office for Budget Responsibility showed it now expects mortgage rates to be higher than its predictions in the spring.

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