Rishi Sunak warns 'mortgage payments will rise by more than £1,000'

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Chancellor warns homeowners mortgage payments could rise by more than £1,000

Rishi Sunak has warned that homeowners will see mortgage repayments rise. He also threatened oil and gas giants with a windfall tax on their profits. Govt wants them to increase investment to shore up Britain’s energy supplies.

It's a reversal to previous opposition over fears it could hit investment and jobs. Mr Sunak warned that ‘nothing is ever off the table in these things’. Business Sec Kwasi Kwarteng is against the policy, calling it a 'tax on jobs'

 

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SunakOut

5 reasons why Prices are going up and 10 things will be more expensive till the end of 2022

He said, that's nearly as much as my trainers ffs lol. 👟

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Rishi Sunak threatens energy firms with windfall taxRishi Sunak has told the cabinet that interest rates are expected to increase to 2.5% over the next year as he warned ministers against borrowing more to fund public spending Didn't he do well ? £1000 per head function, non dom tax rate, nice little grant for the wifey, missed out on the cuddly toy.
Source: The Times - 🏆 71. / 59 Read more »