Page 32 - Anna Bowes News Today

The Bank of England has upped the base rate for the third time in three months as it attempts to keep a lid on soaring inflation.

The Bank of England raised interest rates again today amid fears the rate of inflation will increase to around 8 per cent in the coming months - or even hit double digits.

The average easy access savings rate is now 0.25% according to Moneyfacts, while customers of the biggest banks are still languishing on deals paying 0.1 per cent.

The average easy access savings rate is now 0.25% according to Moneyfacts, while customers of the biggest banks are still languishing on deals paying 0.1 per cent.

The impact of soaring inflation and poor rates of interest will put to the test the predominance of cash Isas, the most popular variant of the tax-efficient

The account is offered by Virgin Money, but getting hold of it takes a little more crafty work than simply opening one of its accounts.

The account is offered by Virgin Money, but getting hold of it takes a little more crafty work than simply opening one of its accounts.

In the race by the banks to restore their profits, beef up their balance sheets and keep shareholders sweet, savers have been forgotten.

In the race by the banks to restore their profits, beef up their balance sheets and keep shareholders sweet, savers have been forgotten.

I have just sold my flat in London and am house hunting in a village out of town, while renting - where should I park my cash?