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The new interest rate offers a 'competitive' deal for those looking to invest their money for one year.
Source: express.co.uk
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The new interest rate offers a 'competitive' deal for those looking to invest their money for one year.
UK house prices edged down by -0.4% on a monthly basis.
Sarah Breeden, incoming Bank of England deputy governor, said the economy is 'weak in absolute terms', with GDP 'just a little ahead' of where it had been before the pandemic.
Economists expect the Bank of England to announce yet another rise in interest rates today
Savers took matters into their own hands by depositing money into fixed-rate accounts in June.