So, the government are inviting the public to “have their say” on what should be included in the 2016 Autumn Statement. My submission, for what it’s worth is:

I would introduce a minimum, government-backed, interest rate for savers of base rate +3% and cap total eligible savings at the same amount the financial services guarantee is set at – i.e. £75,000 per person.

In my opinion QE has only sought to discourage spending by savers that are punitively punished by the rock-bottom interest rates. So introducing guaranteed rates for savers, will allow individuals to save for the future, secure sufficient income from savings, and as a result free up more disposable income for spending now.

If you want to have your say too, here’s the LINK to the survey.