Submitted on Saturday 3rd March 2012
Published on Monday 5th March 2012
Current status: Closed
Closed: Tuesday 5th March 2013
Signatures: 3
Interest rate rise by RBS
The Royal Bank of Scotland has announced a rise of 0.25 percent to its SVR mortgage products. This rise is not in response to a Bank of England base rate rise or a Central Bank rise. The government must ask the institution, which is 80 percent owned by the tax payer, what justification they have for doing this, when families are struggling with this economic downturn.
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