Jeremy Hunt's mini budget u-turns as energy bill help slashed

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Jeremy Hunt's mini budget u-turns as energy bill help slashed
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We want to hear your thoughts on Jeremy Hunt's mini-budget u-turns - join the conversation

New Chancellor Jeremy Hunt has dramatically scaled back support for household energy bills and ditched tax cuts previously promised by Kwasi Kwarteng in a series of mini budget u-turns.

We want to know how the mini budget u-turns will affect you. Do you think Mr Hunt's new plans will help you with the rising cost of living, or does the Government need to do more to help households this winter and beyond? Let us know in the comments section below.

Mortgages and Rents Mortgage rates have rocketed in recent weeks amid the wider turmoil in the markets, although figures from Moneyfacts.co.uk indicate there have already been signs of mortgage rates steadying over the weekend. Today's u-turn announcements could help to shore up market confidence, in turn helping to steady mortgage rates.

Nathan Emerson, CEO of Propertymark, which represents estate and letting agents, said: “Mortgage rates were already rising and we hope the wider announcements made today will translate into a settling down of that trajectory.”

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