Negative Interest Rate - what would that mean for savers and borrowers?


CEO Kevin Gray discusses what potential effect a negative interest rate could have on savings and mortgage payments: Those readers who are interested in economics or who work in Financial Services will be aware that there has been a great deal of speculation over the last six months as to whether the Bank of England (BOE) is preparing the ground to introduce ‘negative interest rates’. At its m…

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Supporting the amazing work of Bath Charity 3SG and the Compassionate Community Hub


This year the Bath Building Society charitable fund has supported local charities that are working with the most vulnerable people in our community during the ongoing coronavirus pandemic and lockdown period.  One of those, Banes 3rd Sector Group (3SG), has worked around the clock to set up the Compassionate Community Hub reaching out to the vulnerable and isolated in the Bath area, providing h…

In Charity

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The VOICES Hardship Fund - A Little Help Goes A Long Way


As we entered the lockdown era way back in March, the Society was about to launch its search for a new Charity of the Year for 2020/21 as part of our annual Charity Awards.  Restrictions made it tricky to host this year's event and it was decided to continue to support VOICES for a second year.  It seemed the right thing to do, as not only did lockdown cut short VOICES year as our chosen chari…

In Charity

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What news from the front?


Our Chief Executive, Kevin Gray, takes a look at how the war against the 'invisible enemy' (covid-19) has affected financial markets across the world, as well as how the Society continues to work hard for its Members in these uncertain times - offering key services to savers and borrowers: The international fight against Covid 19 has often been described as a ‘war against an invisible enemy’. …

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Seven tips for accidental savers to create a habit


A surprising outcome of the coronavirus pandemic is the emergence of the 'accidental saver'.  Research by the Office of National Statistics (ONS) estimates that around £182 a week of usual household spending has been put on hold due to lockdown. The average Brit stopped spending on commuting, holidays, eating out, socialising and gym memberships and as a result many have found themselves with …

In Savings

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