Economic Update

Part of the debate – in the House of Commons at 7:17 pm on 17 March 2020.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer 7:17, 17 March 2020

Borrowers can speak to their mortgage provider and, owing to the work of my right hon. Friend today, they should receive a three-month mortgage holiday, depending on their circumstance as explained, but it should be reasonably automatic thereafter.