big fibs. He claims (and he did it again on Sunday's Andrew Marr show) that interest rates for consumers are low because of government austerity, fantasising that if government borrowing costs went up then so would mortgage rates.
We know that the interest rate on government debt is currently at historically low levels. For the record just now FT gives the benchmark rate as 1.96% (yield on 10 year gilts).
On 2 May the FT had a headline: