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Savings Rates are Tumbling

As if savers hadn’t suffered enough these last few years, rates on savings accounts are on the slide again. The Bank of England chalked up a 44th consecutive month of Bank Base Rate rates at 0.5% this week. Whilst recent talk of bank base rate dropping still further seems to have abated, equally it seems unlikely that rates will be rising anytime soon. The Bank base rate seems to be locked in …

In Savings | Economy

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