Interest rates could go sub-zero: how would this affect mortgages and savings?

Interest rates could go sub-zero: how would this affect mortgages and savings?

Interest rates could go sub-zero: how would this affect mortgages and savings?

The Bank of England has hinted the base rate could be cut below zero for the first time ever

Stephen Little
Thu, 05/21/2020 – 13:02

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The Bank of England has refused to rule out cutting interest rates to below zero to boost the economy, but the move would penalise savers while rewarding homeowners.

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