One-year fixed savings deals rise to the highest level in almost 10 years
An increasing number of savers are turning their attention to fixed term savings deals as interest rates continue to rise.
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An increasing number of savers are turning their attention to fixed term savings deals as interest rates continue to rise.
This week, Georgie Frost and Lee Boyce are joined by a special guest: James Blower, AKA The Savings Guru, who gives his take on where savings rates are heading next.
A new best buy, one-year fixed rate savings deal has hit the market paying 3.2%. Union Bank of India (UK) launched the deal on Friday.
The 0.5 percentage point base rate increase is likely to drive up mortgage rates, with those on SVRs now paying £196 a month more on average than they were last November.
The 0.5 percentage point base rate increase is likely to drive up mortgage rates, with those on SVRs now paying £196 a month more on average than they were last November.