RBS gives negative rates warning

ReutersNewsPublished: July 26, 2016
Published: July 26, 2016

RBS and NatWest could start charging business customers for holding bank deposits if UK base rates fall below zero, a move that would represent the first time negative interest rates are levied in the UK. As David Pollard reports, the news comes amid expectations of a rate cut at next week's Bank of England policy meeting.

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