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This petition was submitted during the 2010-2015 parliament

Petition Stop Nationalised Banking Groups Bailed Out & Owned By The Taxpayer Increasing Mortgage Rates

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Over three years on from the bailouts and taxpayers are sitting on a huge loss running into billions and billions of pounds.

The Bank of England have kept rates at 0.5% yet major banks have announced rises in variable intersted base rates.

It's not right that families struggling to pay their rising costs now face an increase in monthly mortgage interest rates despite no hike from the Bank of England.

Is this how shareholders should be repaid?

The govenment needs to step in and force the banking groups that have been Nationalised to reduce their rates NOW back in line with the 0.5 rates set by the Bank of England.

This petition is closed This petition ran for 6 months

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