Mortgage bombshell if Tories unleash their £230 billion tax cuts.

The Conservatives have learned nothing from the mortgage rate bombshell of the Truss government. The Chancellor’s recently announced unfunded plans will leave a £46 billion black hole in public finances. This plan will mean an additional £455 per month passed on to ordinary mortgage holders in places like Dagenham & Rainham.

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Households in Dagenham and Rainham will be £870 worse off under Sunak’s tax plan.

Figures show that for every 10p working people will pay in tax under the Tories’ plan, they will only get getting 5p back, meaning that people in Dagenham and Rainham are still worse off under this government.

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