Fixed bonds back in favour with savers as rates nudge up towards 2.5%
During the pandemic, savers turned their back on bonds and withdrew £21.5bn as rates plummeted - but the tide is now turning.
Source: dailymail.co.uk
Stay updated with breaking news from Direct Saver. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
During the pandemic, savers turned their back on bonds and withdrew £21.5bn as rates plummeted - but the tide is now turning.
Inflation is outstripping the prize rate at the fastest pace in 42 years
Interest rates rise to 1.4pc but still far below inflation
Premium Bond prizes have been frozen at 1% since December and NS&I's green three-year bond pays 1.3% less than savers can get elsewhere.
Premium Bond prizes have been frozen at 1% since December and NS&I's green three-year bond pays 1.3% less than savers can get elsewhere.