Movim • UK interest rates are falling – but it’s not too late to find deals that pay

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UK interest rates are falling – but it’s not too late to find deals that pay

news.movim.eu / TheGuardian • 11 November 2024

The peak may have passed, but inflation-beating returns are still available if you’re quick. Here are the highest yielding and safest options

The UK’s army of savers have been given a wake-up call to check their interest rate and to move their money as soon as possible if they are getting a raw deal.

The Bank of England interest rate was cut from 5% to 4.75% on Thursday, while inflation is currently running at 1.7% .