The Bank of England has upped the base rate for the fifth time since December as it attempts to suppress soaring inflation. The base rate has risen by 0.25 percentage points from…
Tag: savers
Base rate rise to 1.25%: What it means for mortgages and savers
The Bank of England has upped the base rate for the fifth time since December as it attempts to suppress soaring inflation. The base rate has risen by 0.25 percentage points from…
Best fixed-rate savings accounts: Demand from savers grows
Demand for fixed-rate savings accounts soars as Britons hunt to find a ‘safe haven’ for their cash Average easy-access balance has grown by £1,450 since the pandemic began Higher returns achievable via…
Banks cash in on savers with £1 trillion in accounts paying pittance
Is your savings account taking you for a ride? Big banks cash in with £1trillion now languishing in legacy pots paying a pittance Savers with the big banks hold some £866 billion…
How savvy savers can beat the best rates on the market
Being a saver at the moment can feel like you’re on a ship that’s sinking very slowly. Whilst lockdown appears to have rewarded those willing to risk their cash on high octane…