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Interest rates: Will not return to 5% in my lifetime - BoE expert predicts record lows | Personal Finance | Finance

| UPDATED: 14:36, Thu, Feb 25, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Interest rates have unfortunately taken a tumble recently, as a result of the ongoing COVID-19 pandemic. The Bank of England reduced its base rate to a staggering low of 0.1 percent in March 2020, and has kept the rate at the same level since. This has had a knock on effect on banks and building societies across the UK, and thus on Britons who are wishing to put their money away to let it grow.

Interest rates: Savings accounts tumble in 2021 but ISAs could provide a cash safe haven | Personal Finance | Finance

| UPDATED: 12:36, Thu, Jan 21, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Interest rates have undoubtedly been affected by the pandemic, but looking forward to the future, many are hopeful rates will recover. While the lockdown does not fill many with optimism, there are certain ways Britons might be able to make their money grow. Clare Julian, Wealth Planner at JM Finn spoke to Express.co.uk, and offered further insight on the matter.

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