Submitted on Thursday 9th February 2017
Published on Friday 17th February 2017
Current status: Closed
Closed: Tuesday 2nd May 2017
Signatures: 7
Tagged with
Offer a National Savings & Investments Product that pays a 6% interest rate.
21 Million Savers have again sustained a new blow, following National Savings interest rates recently being cut by up to 0.25 per cent.The Prime Minister, The Rt. Hon. Theresa May, had "pledged" to help those battered by record low interest rates, which have remained at a record low since 2008.
On the one hand the Government maintains that it wants to champion Savers, yet on the other, it continues to cut rates.Savers have been punished time and time again.The Prime Minister has warned that rock bottom rates and quantitative easing had "bad side effects", including "making Savers poorer". She also stated " A change has got to come and we are going to deliver it". So please deliver it.The Government should offer through NS&I, a Savings Product which pays an interest rate of at least 6%.
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