Kwasi Kwarteng admits his mortgage repayments have gone up 'considerably' since his mini-budget

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Former chancellor Kwasi Kwarteng has admitted he has been 'affected' by his own mini-budget

Former chancellor Kwasi Kwarteng has admitted he has been"affected" by his own mini-budget which was blamed for creating economic turmoil while Liz Truss was prime minister., said his own mortgage repayments had"gone up considerably".

However, he denied he was to blame for the wider economic situation and rising interest rates, which he said falls under the responsibility of the Bank of England. Speaking to GB News's Camilla Tominey, Mr Kwarteng was asked whether he had any sympathy with those facing higher mortgage costs."I'm probably revealing too much: I'm on a tracker, so I'm affected as well. They've gone up considerably."'I'm cutting everything out just to survive'?", he replied:"No, not at all because Camilla we are mixing two things.

 

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