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Show 318 - *Philip Hammond - LIVE*

The Political Party

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The Tory Collapse Is a Global Trend

Last autumn had a negative effect on mortgages and interest rates for a very short period. But the underlying long-term trend is a global one, he says. So it's not fair to talk about UK mortgage rates as Liz trusts mortgage rates now. Lower interest rates, lower inflation, gradual return of a feel good factor - that's what Labour wants.

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