Chancellor Rachel Reeves keeps blame for high interest rates on Liz Truss despite cut
Chancellor Rachel Reeves reacts to the Bank of England cutting the interest rate to 5%. Ms Reeves says 'While today's cut in interest rates will be welcome news, millions of families are still facing higher mortgage rates after the mini-budget' She added 'That is why this government is taking the difficult decisions now to fix the foundations of our economy after years of low growth, so we can rebuild Britain and make every part of our country better off'. Read more: https://news.sky.com/story/keir-starmer-pmqs-conservative-leadership-contest-latest-live-12593360 #skynews #interestrates #labour SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
