Brits told they have ‘days to act’ to avoid missing out on cash boost | Personal Finance | Finance
Banks are moving to reduce the interest rates offered to savers in the wake of the Bank of England’s decision to cut the base rate.
As a result, savers are being warned to take advantage of top rates before they disappear.
Santander has already moved to cut returns paid out to savers – the bank said accounts linked to the base rate will decrease by 0.25 percent from August 15.
Others are expected to follow suit while the best paying fixed-rate savings offers are expected to disappear within…
