Lib Dem leader Ed Davey proposes £300-a-month mortgage grants

People struggling with higher mortgage costs after disastrous Tory mini-budget should get help, he says, just as banks helped in 2008

Homeowners struggling to pay their mortgages in the wake of Liz Truss's disastrous budget" should be helped out with grants of up to 300 a month, Lib Dem leader Ed Davey has told the Observer.

In a bid to improve his party's fortunes in blue wall" seats where Tory voters have shown a willingness to switch parties, Davey said there was now a mortgage penalty" on some householders after the mini-budget. He said there are people now worried sick about how they will get by or even afford to stay in their homes".