3:09pm Thursday 13th November 2008
It’s truly shocking that the Bank of England has slashed interests rates presaging a fall in the rates paid to savers by the High Street banks.
At a time when these banks are questionably solvent – surely savers investing their hardearned funds in these dodgy enterprises should receive an increased interest rate reflecting the risk involved? Or does capitalism no longer work like that in Mr Brown’s Britain?
JOHN EOIN DOUGLAS
Via email
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