IN­TER­EST RATES RISE

YOURS (UK) - - Yours Retirement Services -

It didn’t take long after the Bank of Eng­land raised in­ter­est rates last month for banks and build­ing so­ci­eties to in­crease their mort­gage rates... but it took them a bit longer to de­cide what to do about sav­ings rates. Some have passed on the full 0.25 per cent rise across all sav­ings ac­counts, oth­ers have raised rates by less – or only in­creased rates on some ac­counts.

If you have money in an easy-ac­cess sav­ings ac­count with one of the main high street banks, you can do bet­ter by switch­ing. Ac­cord­ing to sav­ings web­site, Sav­ingscham­pion.co.uk you could earn around one per cent more by mov­ing your money to a best buy easy ac­cess ac­count.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.