Interest rates: Savers show 'concern' over negative rates as

Interest rates: Savers show 'concern' over negative rates as BoE decision is due this week


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Interest rates are very low at the moment, with savers unlikely to find many deals offering more than one percent on retail bank accounts. Currently, the Bank of England has the base rate at 0.1 percent which limits what regular financial service firms can offer and the central bank is set to review interest rates on February 4.

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