Oral Question·Department for Business, Energy and Industrial Strategy
“What steps his Department is taking to increase funding for research and development.”
Tabled: 9 November 2021Answered: 16 November 2021
Answering Minister
the Secretary of State for Business, Energy and Industrial Strategy
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.