Page 4 - தனிப்பட்ட சொத்துக்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Topsy-turvy: A third of us would withdraw money from our accounts and stuff it under our bedroom mattress if rates turn negative What should investors and savers do if interest rates turned negative? New research just published by financial giant Aegon suggests that a third of us would withdraw money from our savings accounts and stuff it under our bedroom mattress. But many more – 42 per cent – would use it as an impetus to save less and invest more.  The findings come amid ongoing speculation that the Bank of England might cut interest rates to below 0.1 per cent in order to revitalise the UK economy. Last week, its monetary policy committee decided to stick for the time being with a base rate of 0.1 per cent, but a New Year cut cannot be ruled out. 

United kingdomCity ofAmanda murphyJason hollandsMark carneyAzad zanganaDarius mcdermottSilvana tenreyroAndrew baileyDuncan macinnesPeter spillerTilney hollandsRuffer duncan macinnesEngland monetary policy committeeTreasury select committeeLondon stock exchange