Homeowners face a mortgage rate shock as Liz Truss confirms taxes will be slashed this week

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Homeowners face a mortgage rate shock as Liz Truss confirms taxes will be slashed this week
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Speaking on her first overseas visit since entering No 10, she said her Government would take the 'difficult decisions to get our economy right'

Homeowners face a mortgage rate shock as Liz Truss confirms corporation tax and national insurance cuts

Prime Minister Liz Truss speaks to the media on the occasion of her visit at the Empire State building in New York Liz Truss has detailed her plans for sweeping tax cuts amid warnings that interest rates could hit 3.75 per cent by the end of the year, piling pain on mortgage-holders., will cancel the planned rise in corporation tax and roll back the increase in national insurance contributions in his fiscal statement on Friday.

“We should be setting our tax policy on the basis of what is going to help our country become successful.”

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