Oral Question·Treasury
“If she will make a statement on her departmental responsibilities.”
Tabled: 14 May 2025Answered: 20 May 2025
Asked by
Mr Joshua Reynolds
Liberal Democrat — Maidenhead
Answering Minister
the Chancellor of the Exchequer
Answer from Hansard
The Economic Secretary to the Treasury (Emma Reynolds)
We are in weekly touch with the Financial Conduct Authority, which regulates mortgages, and under this Government we have seen four interest rate cuts since the election, which is bringing mortgage rates down for hard-working people across the country.