Savings Returns Record Low

Published / Last Updated on 09/02/2009

Savings Returns Record Low

Unsurprisingly, the Bank of England has issued figures confirming that interest rates now being paid on cash deposit accounts such as fixed rate deposits, notice accounts and Cash ISAs have hit a record low.

With base rates slashed from 5% to just 1% since October, it is no surprise that rates on savings are at a all time low.  

Useful links:

Request expert financial advice now

Purchase guidance on financial planning in the Money Shop 

Back to News Summary

 

Useful links:

Explore our Site

About
Advice
Money MOT
T and C