Summary
SNIP, snip. There go our savings rates. With the Bank of England base rate sitting firmly at 4.5 pc you might expect your saving rates to stay put, too.
But banks and building societies have been slyly slashing rates for several weeks now. The latest to join them are Halifax, Nationwide, Leeds and First Direct.See the full content of this document
Extract
Banks Bash the Savers
The usual excuses of 'competitive pressures' are trotted out. But it seems a funny sort of competitive pressure that sees the leading ban...
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