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Posts Tagged ‘assault on savers’

Interest rates: Bank of England accused of ‘assault’ on savers

Posted by smeddum on February 5, 2009

 

The Bank of England was accused of launching an “assault” on savers as it slashed interest rates to a new record low.

 

Consumer groups and trade bodies expressed anger at the latest 0.5 per cent reduction, arguing that it penalised savers, while doing little to help the majority of borrowers. Read the rest of this entry »

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