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الثلاثاء، 12 يوليو 2016

Savings update: deals slashed ahead of interest rate decision

Banks are busy cutting rates on their fixed-rate deals ahead of Thursday's (14 July) meeting when the Bank of England will announce whether it will cut base rate from 0.5% to 0.25%.

Banks are busy cutting rates on their fixed-rate deals ahead of Thursday's (14 July) meeting when the Bank of England will announce whether it will cut base rate from 0.5% to 0.25%.

Saga, Sainsbury's and Close Brothers have all either cut rates for new savers or withdrawn from the market buy closing its fixed-rate deals without replacing it with a new version.

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Source Moneywise http://ift.tt/29Lbc27

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