Summary
MONEY MAIL THE Bank of England has raised its base rate to 5pc, but the savings market is already ahead of the game.
That gives savers a rare opportunity to fix their interest rates well above the base rate. Even if, as many predict, there is a further base rate rise to 5.25pc next year, savers are very unlikely to beat these winning deals with even the best internet accounts.See the full content of this document
Extract
Bank Makes Saving More Interesting
Some fixed rate bonds now pay 5.8pc before tax. This gives a basic rate taxpayer 4.64pc and a higher rate taxpay...
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