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5% one-year fix, Nottingham BS?
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Yes it is everything to do with the GOVERNMENT because the GOVERNMENT created Funding For Lending scheme, which in turn means the banks don't need our money because of the GOVERNMENT's Funding For Lending Scheme!
Well, I suppose it's an indirect consequence of the funding for lending scheme but my point still stands - the banks don't need to offer good interest rates on ISA's and the government is likely to see this as a benefit to them as opposed to a disadvantage. They want us to spend!!!
You seem to be in a bad mood this past few days - with your threats of discriminatory cases to the EU courts and your excessive use of capitalisation. Take a deep breath and have yourself a nice glass of wine!!!0 -
marathonic wrote: »Well, I suppose it's an indirect consequence of the funding for lending scheme but my point still stands - the banks don't need to offer good interest rates on ISA's and the government is likely to see this as a benefit to them as opposed to a disadvantage. They want us to spend!!!
You seem to be in a bad mood this past few days - with your threats of discriminatory cases to the EU courts and your excessive use of capitalisation. Take a deep breath and have yourself a nice glass of wine!!!
Only cos I'm passionate about my finances atm & feel like I'm fighting a loosing battle, just got to point where I am earning enough to consider a mortgage, no debts and I can now save 10% deposit for my 1st house, but government and banks seem to be working against us all who are in a similar position to me!
E.g. How is it that we have to pay tax on the interest earned on the money in the bank we already paid tax on before we got paid??!
It just seems that only the rich can get richer and the poor get poorerTARGET Deposit for my 1st house!:A NEED£30k:eek: WANT£45k GOT 1stDRegSaver:£1200@ 6% GROSS 1/10/15||SantanderISA:£11,820.41 @ 2.30% 16/04/16| Newcastle BS ISA:£15,149.80 @ 3.02%|Santander123 Cashback earnings: £274.48|TotalCashSavings:£32,302|Last Update:22/2/15:T
10 year anniversary0
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