Best cash-saving deals ahead of Bank of England interest rate decision [Yahoo! Finance]
CLOSE BROS GRP UNSP/ADR (CBGPY)
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Source: Yahoo! Finance
After years of low rates, high-yield savings accounts are still having a moment even after the Bank of England (BoE) cut interest rates to 4.5% in February . While homeowners face lofty mortgage rates, there is a silver lining in higher borrowing costs, and consumers can find UK savings accounts offering rates above inflation. However, you should move quickly as several providers are ditching their best offers ahead of the BoE's interest rate decision next week. Nearly 40 providers have either reduced their rates or withdrawn products altogether, following the BoE's quarter-point cut to 4.5% Despite these cuts, a number of savings rates still remain above 4.5%. However, experts urge savers to shop around for the best deals and review their acco
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