There has been lots of speculation that we may go to a negative interest rate. This has mainly been fuelled by the Bank of England telling banks to be prepared for a negative interest rate within the next six months.
This does not mean that we will move to a negative rate, but in anticipation that we will, consumers have been asking me lots of questions as to how they will be affected. People are primarily concerned about mortgages, loans and savings.
I have teamed up with leading financial expert and Sunday Mirror columnist Warren Shute, to answer your questions. See the video below:
You can catch me live Mondays 8pm on YouTube (‘The Consumer Lawyer’) and Fridays at 9pm on LBC Radio.
You can find lots more advice from Warren at http://www.warrenshute.com