Interest Rates For Savers
EDM number 1461 in 2010-12, proposed by Gregory Campbell on 16/02/2011.
Categorised under the topic of Financial services.
That this House notes the regularity of the warnings from a range of economists regarding the Bank of England's need to raise interest rates to combat rising inflation; and calls on banks and other financial institutions, once any increase in the base rate is announced, to increase their rates for savers accordingly given that there are six times more savers in the UK than those with mortgages, and many of those savers are elderly and depend on the interest from their savings to supplement their pension income.
This motion has been signed by a total of 11 MPs.
| MP | Date | Constituency | Party | Type |
|---|---|---|---|---|
| Gregory Campbell | 16/02/2011 | East Londonderry | DUP | Proposed |
| David Simpson | 16/02/2011 | Upper Bann | DUP | Seconded |
| Jim Shannon | 16/02/2011 | Strangford | DUP | Seconded |
| William McCrea | 16/02/2011 | South Antrim | DUP | Seconded |
| Andrew George | 16/02/2011 | St Ives | Liberal Democrat | Seconded |
| Peter Bottomley | 16/02/2011 | Worthing West | Conservative | Seconded |
| Adrian Sanders | 17/02/2011 | Torbay | Liberal Democrat | Signed |
| John Leech | 17/02/2011 | Manchester, Withington | Liberal Democrat | Signed |
| Mark Durkan | 28/02/2011 | Foyle | Social Democratic and Labour Party | Signed |
| Mike Hancock | 28/02/2011 | Portsmouth South | Liberal Democrat | Signed |
| Naomi Long | 02/03/2011 | Belfast East | Alliance | Signed |
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