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Increase Government powers over interest rates to protect savers.

Submitted on Monday 3rd October 2016

Published on Thursday 20th October 2016

Current status: Closed

Closed: Thursday 20th April 2017

Signatures: 11

Tagged with

England

Petition Action

Increase Government powers over interest rates to protect savers.

Petition Details

Since 2008 the Bank of England has relentlessly cut interest rates causing savers to lose a considerable amount of income and this has now reached an unacceptable level. At the moment, the Government has limited power over interest rates.

Additional Information

This petition calls for greater Government powers of the Bank of England's interest rates, so that savers can be protected.


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