Oral Question·Department for Business and Trade
“If she will take steps to publish a new industrial strategy.”
Tabled: 16 March 2023Answered: 23 March 2023
Answering Minister
the Secretary of State for Business and Trade
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.