00:00It's very good news that we've had four interest rate cuts now in the last 10 months.
00:05And for someone on a variable rate mortgage, that can mean around £100 a month off mortgage payments.
00:11So that is significant.
00:13I recognise, though, that families are still struggling with the cost of living crisis.
00:17And whether it is interest rates or inflation, it's so important that this government has returned stability to the economy
00:24because stability means lower inflation, lower interest rates, making working people better off.
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