The Government Says

'...change the law to ensure that financial institutions, like building societies, do not immediately adopt the Bank of England lower rate for savers while introducing their own above Bank of England rate for mortgagees and other borrowers.' -- Keith Jone

It cannot be right that these people immediately reduce the interest rate...

http://petitions.pm.gov.uk/StopRippingUsOff/

seen at 17:09, 7 April in Number 10 E-Petitions - New Petitions.

TGS