UK: Sky News' political editor Beth Rigby speaks to Liz Truss ahead of her first conference speech as Conservative Party

The video discusses the impact of rising interest rates on mortgages, highlighting concerns about remortgaging costs. It explains that interest rates are determined by central banks like the Bank of England and the Federal Reserve, not politicians. The discussion emphasizes the global nature of interest rate changes and concludes with a brief acknowledgment of these economic challenges.

What impact could remortgaging on a variable rate have on individuals?

What is the Prime Minister's perspective on the current interest rate situation?