A series of government U-turns has changed how it plans to tackle the cost of living crisis
Following the appointment of the new Chancellor, Jeremy Hunt delivered an economic statement earlier this week, reversing much of the Prime Minister's tax cuts.
Read more: LIVE: Liz Truss chairs Cabinet meeting as she clings to power following epic mini budget U-turn - latest updates Furthermore, a £600m freeze on alcohol duty was also left to the wind. In fact, only three major announcements from the mini-Budget will remain in place: However, this is a broad and vague statement and doesn't provide clear criteria for who will receive the energy bill freeze.A: Bond yields - which influence mortgage rates - dropped a bit over the weekend, easing the pressure on government borrowing.
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