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Stop inadaquate interest rates on savings

Submitted on Saturday 5th April 2014

Published on Monday 7th April 2014

Current status: Closed

Closed: Monday 30th March 2015

Signatures: 5

Petition Action

Stop inadaquate interest rates on savings

Additional Information

The Government must stop all fixed and variable savings products which pay interest below RPI.

People need to be encouraged to save, but this is an impossibility with the criminally miserly rates currently available.

All banks and building soc, including Gov't owned ones, must be forced by the BoE to play fair with the savers of this country or lose their licence to take deposits.


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