Richard MurphyHunt has just claimed in the BBC that because inflation will be gone by end 2023 the mortgage cost crisis will be over, but the OBR is forecasting bank base rates of 4% or more to 2027 meaning mortgage rates will exceed 5% until then. He really should tell the truth.
JessiJ@RichardJMurphy How can he say Inflation will be over when he's doing nothing to address the problems that cause it?
Hope đłď¸âđđłď¸ââ§ď¸đ´ó §ó ˘ó łó Łó ´ó ż SNP@RichardJMurphy and he obviously doesnât grasp the concept of fixed rate mortgagesâŚas hundreds of thousands are coming to the end of their current low rate agreementsâŚand face massive increases
AnhonestmouthfulHunt's perpetual future forecasts demonstrate his reliance on Osbourne
Osborne ALWAYS announced measures in hid budgets that weren't going to be brought in until years later
Jam tommorow
Steve Clark@RichardJMurphy I think the problem is that the government are trying to confuse the electorate. As has been said further down the thread, of course inflation will be much lower in 2023 when measured against this yearâs spike. However, they hope that the man on the Clapham Omnibus hear this as âprices will start going downâ rather than already high prices in 2022 wonât go up quite as fast. All semantics.
Mat Watkinson@RichardJMurphy he wonât