Base rate-beating savings deals fall sharply

Base rate-beating savings deals fall sharply | moneyfacts.co.uk

It had been hoped that last month’s base rate rise would propel providers into action. yet things haven’t worked out quite that well for savers. Indeed. the number of accounts paying over base rate has actually fallen by 150 in the last month.

It had been hoped that last months base rate rise would propel providers into action. yet things havent (yet) worked out quite that well for savers. Indeed. far from improving things. data from the latest Moneyfacts UK Savings Trends Treasury Report reveals that the number of accounts paying over base rate has actually fallen by 150 in the last month - the biggest drop in almost a decade.

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