Tag: interest rates
Bank of England economist calls for ‘more cautious’ interest rate cuts amid inflation fear
Huw Pill, chief economist at the Bank, emphasised the importance of policymakers avoiding slashing interest rates “too far or too fast”. …
Savings provider launches ‘market-leading’ 5.5% interest account
The account is part of a wider mission to help people buy homes sooner. …
Mortgage rates rise for the first time in 8 months as market ‘softens’
Mortgage rates only climbed very slightly over the month, by 0.02 percentage points. …
Bank increases interest rate on savings account to 4.46% and earns ‘excellent’ rating
The interest rate increase has catapulted the deal near to the top of the table in its sector. …
Major Bank of England update for savers as rate setter says ‘this is necessary’
In a new speech a key expert spoke about possible changes amidst ‘persistent inflation’ …
Savings account mistake 1 in 4 savers make that guarantees poor returns
Despite this mistake being easy to avoid and simple to remedy, savers are still falling into the trap. …
Building society offers ‘striking’ 6% interest savings account
Savers can put away “decent sums” in this account, with an “added bonus” of unlimited withdrawals. …
Bank offers ‘highly attractive’ 7.1% interest savings account
The saver comes with a “big benefit” that not many other accounts of its kind offer, an expert has said. …
Bank increases interest to 4.4% on savings account and earns ‘excellent’ rating
The new deal “may appeal” to savers looking for a guaranteed return, an expert has said. …
Seven banks to slash savings account interest rates starting today – full list
The changes could make “a big difference” to people’s savings pots, an expert has said. …
