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Part of Prime Minister – in the House of Commons at 11:34 am on 22nd April 2020.

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Photo of Peter Bone Peter Bone Conservative, Wellingborough 11:34 am, 22nd April 2020

At this time of national emergency, many people are being forced to use their bank overdrafts, yet the banks are charging 20% interest per year, which they are going to increase to 40% in July. At the same time, they are offering savers a pathetic interest rate of 0.1%. Yet these are the same banks that were saved by billions and billions of pounds of taxpayers’ money. What on earth is going on? When are the banks going to act in the national interest? Acting—