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United Kingdom · Question · Written question

UIN 24654

Personal Savings: Interest Rates

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 June 2022

Last action

29 June 2022 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

29 June 2022

Summary

To ask the Chancellor of the Exchequer, whether he has had recent discussions with representatives of financial institutions on the level of interest rates offered to savers.

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Timeline

  1. 24 June 2022

    Written question

    To ask the Chancellor of the Exchequer, whether he has had recent discussions with representatives of financial institutions on the level of interest rates offered to savers.

    Source: Commons

  2. 29 June 2022

    Answer

    Treasury ministers and officials engage with stakeholders on a variety of issues. However, the pricing of financial products is a commercial decision for firms and the Government does not seek to intervene in such decisions.

    Source: Written answer

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