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Bank account: Good news for savers as provider offers 1.25 percent interest rate | Personal Finance | Finance


| UPDATED: 22:41, Wed, Mar 17, 2021
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Bank account interest rates took a tumble back in March 2020, with the decision taken by the Bank of England to lower its base rate to 0.1 percent particularly affecting. Since then, providers and savers have been reckoning with lower rates and a lack of incentive to put money away. For those hoping to grow their funds, the circumstances have been dire, with many hunting for the best deals. ....

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Interest rates: Best flexible & fixed savings deals shared ahead of BoE base rate decision


| UPDATED: 14:32, Sun, Mar 14, 2021
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Interest rates for a number of financial products are very low at the moment as the Bank of England continues to keep the base rate at an all time low. As such, those looking for decent returns on their savings are likely to struggle. ....

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Interest rates: Britons warned to 'set aside' money & 'be financially prepared' for future | Personal Finance | Finance


| UPDATED: 14:22, Thu, Mar 11, 2021
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Interest rates have plummeted in the last year, as the Bank of England took a decision to reduce its base rate to an historic low of 0.1 percent. This choice had a knock on effect for savers who have been left with limited options, and may feel a lack of motivation to put money away. However, despite this perhaps being a disincentive, savers are being encouraged to take action with their funds. ....

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Interest rates: Britons urged to act as many miss out on growth through savings accounts | Personal Finance | Finance


| UPDATED: 14:50, Wed, Mar 10, 2021
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Interest rates have suffered due to the pandemic, with the Bank of England lowering its base rate to 0.1 percent, and stating negative rates are in its “toolbox”. The impact on savings with more familiar providers has also been palpable, with many Britons unable to grow their cash. Recent research has shown the pandemic has prompted people to save more and improve their savings habits, but significant numbers could still be missing out. ....

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Interest rates UK: Britons urged to secure money and 'plan ahead' with savings | Personal Finance | Finance


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Interest rates took a tumble as a result of the Bank of England’s decision to lower its base rate in March 2020 to 0.1 percent. Many familiar providers followed suit, making it a challenge for those who were hoping to grow their money. As the challenging situation continues for savers, speculation has mounted about the potential for negative interest rates. ....

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