Savers ignored again.
Although I accept that there is a considerable overlap, there are five times more of us in this country than there are mortgage-holders, who have borrowed our money.
At this rate, so to speak, I might close my savings account and put the whole lot in my current account.
It would make no difference. Except that I could withdraw all of my money any time that I liked.
Although I accept that there is a considerable overlap, there are five times more of us in this country than there are mortgage-holders, who have borrowed our money.
At this rate, so to speak, I might close my savings account and put the whole lot in my current account.
It would make no difference. Except that I could withdraw all of my money any time that I liked.
I don't have savings account for exactly the same reason. There is no point with no interest.
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