Liz Truss Resigns

Truss DOWN but Mortgage Rates UP to 14-Year High as 100,000 borrowers reach end of fixed rate deal every month

• Prime Minister Liz Truss resigns after 38 days in office following a tumultuous few weeks
• A new party leader and Prime Minister will be voted in by members by 28 October
• Will ‘the markets’ get the leader they want with higher taxes, pain and austerity?
• As mortgage rates hit new high, 100,000 reach end of fixed rate deal every month
• Average two and fiver-year fixed rate deals reach 6.65% and 6.51%
• Bank of England will raise rates again next month to fight inflation
• Food prices rise at fastest rate for 42 years
• Tax plans and Hunt budget in doubt
• Markets and Pound rise on news

Watch video version - https://youtu.be/bYVdg1ySjuM

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