Negative interest rates: BoE tells banks to prepare – what it would mean for savers

NEGATIVE interest rates are in the Bank of England’s “toolbox”, Bank of England Governor Andrew Bailey confirmed in August 2020. The Bank Rate is being held at 0.1 percent, it was confirmed today, however there has been an update following a consultation regarding negative interest rates. What do negative interest rates mean for savings and mortgages?
Daily Express :: Finance Feed

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