Submitted on Thursday 8th March 2012
Published on Monday 12th March 2012
Current status: Closed
Closed: Wednesday 12th September 2012
Signatures: 4
Tagged with
Stop Nationalised Banking Groups Bailed Out & Owned By The Taxpayer Increasing Mortgage Rates
Over three years on from the bailouts and taxpayers are sitting on a huge loss running into billions and billions of pounds.
The Bank of England have kept rates at 0.5% yet major banks have announced rises in variable intersted base rates.
It's not right that families struggling to pay their rising costs now face an increase in monthly mortgage interest rates despite no hike from the Bank of England.
Is this how shareholders should be repaid?
The govenment needs to step in and force the banking groups that have been Nationalised to reduce their rates NOW back in line with the 0.5 rates set by the Bank of England.
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