The Banks of the Lenders

Banks are putting rates up for lenders and not commensurately for savers. I warned about the mortgage ticking time on last October, a pretty loud one. Government is needed to put things in place now because of potential of much higher rates this year. But then when Rates didn't materialize as quickly as expected in April they took their foot off the gas and nothing was done. The banks are too big to fail - we collectively failed them out back in 2007. And yet now, when there is such a big public problem in their sector, they are increasing their margins. So if I were Chancellor right now, which I would never want to be, I would be pushing very