Labour leader Keir Starmer said the Conservative party was costing mortgage holders an extra £2,900 a year, an increase he described as the ‘Tory mortgage penalty’.
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Starmer tied the issues around the recent honours list to the government’s performance on the economy, and asked the prime minister why he has rewarded members of his party who were ‘guilty of economic vandalism’. Sunak argued that interest rates in the UK were similar to those in the US, EU, Australia, New Zealand and Canada, and that his government would stick to its plan to reduce inflation.
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