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‘Our system and policy choices are failing everyday Brits’
Campaigners gather outside Band of England to protest against ‘interest inequality’ and cash handouts to banks
Protestors wearing Andrew Bailey and Rishi Sunak masks outside the Bank of England, London, ahead of the announcement on interest rates, September 21, 2023
PROTESTERS gathered outside the Bank of England in London today ahead of the latest interest rate announcement to demand an end to “interest inequality” and cash handouts to banks.
The demonstrators dressed as the bank’s governor Andrew Bailey and Prime Minister Rishi Sunak handed “cash” to other protesters sporting the colours of HSBC, Lloyds Bank, Barclays and NatWest.
The action symbolised the public money the Bank of England will pay Britain’s top banks in interest on the risk-free reserve accounts they hold with it, estimated to reach £42 billion this year.
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