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offer a government savings product (10% interest on savings under £200000)

Submitted on Monday 21st December 2015

Published on Tuesday 22nd December 2015

Current status: Closed

Closed: Wednesday 22nd June 2016

Signatures: 7

Tagged with

Britain ~ Economy ~ Money

Petition Action

offer a government savings product (10% interest on savings under £200000)

Petition Details

A national savings & investment (NS&I) product that offered 10% net interest a year on savings up to £200000. People would invest their savings & the government could invest in the infrastructure etc & from the profits give people interest.People would be richer, spend more, make the economy richer

Additional Information

The chancellor wants to make Britain richer. This requires investment, namely money to make things happen. If people had a government savings bond/product with a decent interest rate, people could help the economy grow. People would save more, from the 10 % net interest, they would have more to spend, this would make the economy grow: more jobs would be created etc. Britain would get richer.


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