| UPDATED: 14:22, Thu, Mar 11, 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 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.