And now they want to steal our cash...

[vetran]

Went to Moscow a few decades ago and found when you spent notes at the airport they gave you sweets instead of change. Maybe abolish notes and trade in Fruit Pastilles or Maltesers instead.

Seriously this is a pain. Got £65k in a savings accounts and just been told the interest rate is going from 0.75% to 0.25%. Don't want to move it into some longer term account as looking to buy some land.

Getting the best high interest savings account

Santander current account 3% up to 20K, just fund from another account.

Best interest paying current accounts | This is Money

gives a nice bit of cashback too.

[milanbenes]

Xog,

how is your land grabbing neighbor doing ?

are you going to buy the bit he grabbed off him ?

Milan.

[OwlHoot]

Bank of England’s chief economist, Andy Haldane, openly pondered ways of imposing negative interest rates on cash – ie shrinking its value automatically. You could invalidate random banknotes, using their serial numbers.

So much for that banknote declaration "I promise to pay the bearer ...".

If they started randomly invalidating banknotes, they could hardly prosecute forgers for uttering false tokens. So we could start printing our own

[SimonMac]

£50 notes are very convenient when buying a hooker. A mate once told me.

You don't buy, as with all women you only rent them

[LondonManc]

Got caught out trying to get onto a bus with only a Scottish ten pound note. "what's that". "It's ten pounds". No it ain't, get off the bus"

You disgust me, passing up an opportunity for a rant.
"That's legal tender pal" is not said often enough.

[xoggoth]

Santander current account 3% up to 20K, just fund from another account

Do have one of those with another 20k in. May have to start another or similar, perhaps finally shut down my NatWest account.

how is your land grabbing neighbor doing

Shot him years ago. They haven't found the body yet.

Why not buy a house? Prices can only go up, up and away. Surely 65k will get you something decent in London

I could probably get a palace in the DCR! Must have a look at that.

[clearedforlanding]

Went to Moscow a few decades ago and found when you spent notes at the airport they gave you sweets instead of change. Maybe abolish notes and trade in Fruit Pastilles or Maltesers instead.

Seriously this is a pain. Got £65k in a savings accounts and just been told the interest rate is going from 0.75% to 0.25%. Don't want to move it into some longer term account as looking to buy some land.

If I had £65k that I needed to keep liquid, I would be getting myself an early place on an order for a mid range sports car that is going to have a waiting list.

Or blood diamonds, blood diamonds are always good thanks to De Beers.

[AtW]

So much for that banknote declaration "I promise to pay the bearer ...".

Before they promised to pay in gold, and now they don't even want to pay anything...

[AtW]

"That's legal tender pal" is not said often enough.

I was unpleasantly surprised to learn that it does not mean jack tulip in this country even though it's officially legal tender

[LondonManc]

I was unpleasantly surprised to learn that it does not mean jack tulip in this country even though it's officially legal tender

In the quiet words of the Virgin Mary, come again?