<br />Labour’s Pat McFadden has backed a move by the financial watchdog to summon top bankers over concerns that interest rates for savers are too low compared to the cost of mortgages. <br /> <br />The shadow treasury minister said UK “I think it’s right to put pressure on the banks to do more. They’ve been quick enough to put people’s mortgage rates up … if interest rates are rising then savers should feel the benefit of that.” Report by Buseld. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
