Submitted on Monday 21st December 2015
Published on Tuesday 22nd December 2015
Current status: Closed
Closed: Wednesday 22nd June 2016
Signatures: 7
offer a government savings product (10% interest on savings under £200000)
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
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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