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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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Interest rates: Britons urged to act on 'slashed' rates as many losing out on returns | Personal Finance | Finance

| UPDATED: 22:52, Tue, Mar 16, 2021
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Interest rates have undoubtedly been hard hit by the Bank of England’s base rate decision, with the rate remaining at 0.1 percent since March 2020. With a knock on effect for many familiar providers, it has been challenging for individuals who are determined to save. But the situation has not only been dire for easy access accounts, with ISAs also feeling the pinch. ....

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Interest rates: Best flexible & fixed savings deals shared ahead of BoE base rate decision

| UPDATED: 14:32, Sun, Mar 14, 2021
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Interest rates for a number of financial products are very low at the moment as the Bank of England continues to keep the base rate at an all time low. As such, those looking for decent returns on their savings are likely to struggle. ....

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Interest rates: Britons warned to 'set aside' money & 'be financially prepared' for future | Personal Finance | Finance

| UPDATED: 14:22, Thu, Mar 11, 2021
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Interest rates have plummeted in the last year, as the Bank of England took a decision to reduce its base rate to an historic low of 0.1 percent. This choice had a knock on effect for savers who have been left with limited options, and may feel a lack of motivation to put money away. However, despite this perhaps being a disincentive, savers are being encouraged to take action with their funds. ....

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Interest rates: Top savings rate compared - how much could you get for your money?

| UPDATED: 22:26, Wed, Mar 10, 2021
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Interest rates have been impacted by the Bank of England’s decision in March 2020 to reduce its base rate to 0.1 percent, which had a knock-on effect for familiar providers. As a result, it has been difficult for savers to secure a satisfactory rate to help grow their funds. However, for those who are still looking to put money away - looking for the best interest rates in the UK will be important. ....

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