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Daily Record
Daily Record
Lifestyle
Neil Shaw & Nicola Roy

Warning to anyone with a mortgage after tax cut announcement

People with mortgages have been warned that their monthly bills may be higher now after a raft of tax cuts were unveiled last Friday.

It comes as the pressure continues to build for the Bank of England to hike the base rate up, in order to steady the pound. Since last week, homeowners have been growing increasingly concerned about what this means for inflation and mortgage bills.

It's also been suggested that the Bank of England may even be forced to introduce an emergency interest rate hike.

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