I’ve made a petition – will you sign it?
Click this link to sign the petition:
https://petition.parliament.uk/…/spons…/1AXBTMORJ36c760It8NT
My petition:
A call for The Government ban banks from charging negative interest on deposits.
The Government’s relies on low interest rates to stimulate growth via Quantitative Easing. The Government’s plans have not worked for all. After Austerity and harsh cuts on public spending, The Government needs to protect people from being charged negative interest on their own money in the bank.
References:
http://www.bloomberg.com/quicktake/negative-interest-rates http://www.bbc.co.uk/news/business-36889828 https://www.societegenerale.com/…/why-are-interest-rates-so… http://moneyweek.com/wp/hands-off-our-cash-petition
Click this link to sign the petition:
https://petition.parliament.uk/…/spons…/1AXBTMORJ36c760It8NT
We bailed out the banks once before and that didn’t make any bankers take a pay cut, invest responsibly or think about a sustainable way to run our financial system. Why then do we now run the risk of having to pay again for The Government’s “cosying up” attitude to the banks and big business, that always makes poorer hard working people pay more and face a tougher time, while the rules are relaxed for the rich?