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What To Do If You Have A One Year Bond Maturing

This year has seen savers face the challenge of record low saving rates with rising inflation. Although inflation remains above the Bank of England’s target rate of 2.0%, and could rise to over 5% next year, the end of 2021 has provided savers with some good news as rates have slowly started to rise ....

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Bank account: Good news for savers as provider offers 1.25 percent interest rate | Personal Finance | Finance


| UPDATED: 22:41, Wed, Mar 17, 2021
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Bank account interest rates took a tumble back in March 2020, with the decision taken by the Bank of England to lower its base rate to 0.1 percent particularly affecting. Since then, providers and savers have been reckoning with lower rates and a lack of incentive to put money away. For those hoping to grow their funds, the circumstances have been dire, with many hunting for the best deals. ....

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