mr speaker, does the prime minister know how many mortgage payers are paying higher rates since the tory party crashed the economy last autumn? well, mr speaker, our record on homeownership is crystal clear. because of our tax cuts, 90% of first time buyers now don t pay any stamp duty at all, mr speaker. and last year we saw the largest number of people buying their first home in 20 years, mr speaker. that s a conservative government delivering on people s aspirations to own their own homes. keir starmer. mr speaker, the question was how many people are paying more on their mortgages each month? and the answer that the prime minister avoided giving is 850,000. nearly a million people paying more on their mortgage each month because his party used their money as a casino chip. that s why george osbourne called
exploitation in the labour market, especially by increasing funding from enforcement boro authorities to over a and keep the position of hand car washes only close review. over £1 million per year. hand car washes only close review. over £1 million per year.- over £1 million per year. thank ou, over £1 million per year. thank you. and over £1 million per year. thank you. and can over £1 million per year. thank you. and can i over £1 million per year. thank you, and can ijoin over £1 million per year. thank you, and can ijoin the over £1 million per year. thank you, and can ijoin the prime - you, and can ijoin the prime minister in his comments about the coronation. across the house we are looking forward to the celebrations this weekend. does the prime minister know how many mortgage payers are paying higher rates since the tory party crashed the economy last autumn? flil the tory party crashed the economy last autumn? last autumn? our record
problem is, all of this feedback into higher interest rates and two mortgage payers who are suddenly being faced with very, very high modules they were not expecting. there are similar pressures and other countries, the committee is having to contend with that in other parts of the well. you having to contend with that in other parts of the well. parts of the well. you are right that other parts of the well. you are right that other governments - parts of the well. you are right that other governments are . parts of the well. you are right - that other governments are having to deal with it, other governments have high levels of debt. why is it, though, that the pound tanked after this announcement? it was this announcement, it was self inflicted, would not have happened if they haven t done it. they wanted to do it for political reasons, they didn t prepare the ground, didn t talk to the people they should have talked to, and the result is at one point it was costing this country m
is that rate that will be used to determine the fare rises injanuary. we expect to see 11.8% tomorrow and thatis we expect to see 11.8% tomorrow and that is how much the fares go up in january. we are calling on the government to scrap that at a time when people are already going to be struggling with food and fuel cost rises, mortgage payers will be struggling with interest rate rises and all sorts of innation. inflation. we think if they were to scrap the rail fare inflation. we think if they were to scrap the railfare rise, for those families who are commuting, particularly in london, from places like guilford and i know a lot of front line workers in the nhs, they can t afford to live in london and they are commuting. and we know we
years hence? yes, to be fair, the pandemic has proved things i years hence? yes, to be fair, the pandemic has proved things to i years hence? yes, to be fair, the| pandemic has proved things to be years hence? yes, to be fair, the i pandemic has proved things to be in disorder. pandemic has proved things to be in disorder. if pandemic has proved things to be in disorder, if you like, for the chancellor. he been able to follow the plans chancellor. he been able to follow the plans envisage. there was going to be the plans envisage. there was going to be a the plans envisage. there was going to be a budget only once a year and now we re to be a budget only once a year and now we re having a few changes just because now we re having a few changes just because so now we re having a few changes just because so much has changed and also we had because so much has changed and also we had some because so much has changed and also we had some of the budget and the review we ha