Why easy-access rates may rise but fixed bonds won't
The warning comes over growing uncertainty as to whether the Bank of England will push base rate any higher to combat inflation.
Source: thisismoney.co.uk
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The warning comes over growing uncertainty as to whether the Bank of England will push base rate any higher to combat inflation.
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The Commons Treasury Committee blasted Barclays, HSBC, Lloyds and NatWest for passing on only a fraction of base rate rises to savers.
In a little over a year, the Bank of England base rate has risen from 0.1% o 4%. But some banks have failed to increase rates on hundreds of products.